Gemdale Properties and Investment

What Gemdale Properties and Investment does

Gemdale Properties and Investment Corporation Limited (00535.HK) is a Bermuda-incorporated, Hong Kong-listed real estate developer and asset manager that operates as the listed property arm of mainland Chinese conglomerate Gemdale Corporation (600383.SS). Established in 2013, the company operates four integrated business segments: industrial parks under the Gemdale Viseen (金地威新) brand, commercial complexes under the Gemdale Plaza (金地广场) brand, rental housing under the Gemdale Strongberry Community (金地草莓社区) brand, and for-sale quality residences. As of December 31, 2025, the company manages approximately 250 projects with total assets of approximately 62.7 billion yuan, contracted sales of approximately 10.7 billion yuan, and rental and related service revenue of approximately 2.3 billion yuan. Land reserves total approximately 10.83 million square meters, with roughly 36% in first-tier cities and 42% in second-tier cities across the Yangtze River Delta, Pearl River Delta, and Bohai Rim economic clusters.

The company monetizes through three primary revenue streams: one-time real estate development sales of residential and commercial properties (with approximately 250 projects across major Chinese cities), recurring rental and management income from industrial parks (38 projects across 15 cities covering approximately 3.8 million sqm, anchored by tenants including Intel, NVIDIA, Huawei, Amazon, Panasonic, Western Digital, BASF, DJI, BOE, Horizon Robotics, and Ant Group), commercial complex rentals (40 projects with approximately 3.5 million sqm), and rental housing operations (70+ Strongberry stores managing over 16,000 units in core cities). Technology and sustainability differentiation is achieved through WELL and LEED Gold dual certification at the flagship Shenzhen Gemdale Viseen Center, a 67% green coverage 'vertical park' design, and customized infrastructure for tech tenants including data rooms, R&D laboratories, and dual-circuit power systems. Strategic partnerships include architectural design firm CALLISONRTKL, Shenzhen Nanshan District Government (joint investment attraction), and ecosystem players Apollo Fund, CRI Boston, and Amino Capital.

Name

Gemdale Properties and Investment

Legal name

Gemdale Properties and Investment Corporation Limited

Website

https://gemdalepi.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Gemdale Properties and Investment (00535.HK) is a Hong Kong-listed Chinese real estate developer and asset manager, subsidiary of Gemdale Corporation, operating ~250 projects across four segments: industrial parks (Gemdale Viseen), commercial complexes (Gemdale Plaza), rental housing (Strongberry), and for-sale residences in China's first and second-tier cities.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Residential Property Managers (531311), Portfolio Management and Investment Advice (523940)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Development & Feasibility Advisory (Highest-and-Best-Use, Entitlements Support) (BPAJANAC)

akta.pro secondary industry

Real Estate Investment Sales (Income-Producing Properties) (FSAEAJAC)

Keywords

• Industrial park development
• Commercial real estate
• Residential property development
• Rental housing operations
• Property management services

Headquarters

HQ city

Central

HQ country

Hong Kong SAR China

HQ region

Asia

Offices14 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Real Estate Development Sales: Revenue from developing and selling residential and commercial properties across China's major city clusters. Projects include quality residences in cities like Shanghai, Beijing, Nanjing, Changsha, Guangzhou, and commercial complexes under the 'Gemdale Plaza' brand. The company operates approximately 250 projects total.
2. Industrial Park Rental and Management: Long-term rental income from industrial park properties developed and operated by Gemdale Viseen. As of December 2024, manages 38 industrial projects covering approximately 3.8 million square meters in 15 cities.
3. Commercial Complex Rental and Management: Rental income from shopping malls, office buildings, and commercial complexes. As of year-end 2022, had 40 commercial projects in operation or under construction with approximately 3.5 million square meters of space.
4. Rental Housing (Gemdale Strongberry): Revenue from operating rental apartments under the Strongberry brand. Currently operates over 70 stores managing more than 16,000 housing units in core cities including Beijing, Shenzhen, Shanghai, Hangzhou, Guangzhou, and Chengdu.
5. Property Management and Services: Ongoing property management fees from residential, commercial, and industrial properties in the portfolio, including rental management services and community operations.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Gemdale Properties and Investment (GPI) is a Hong Kong-listed real estate developer that develops, sells, leases, and manages properties across four integrated business segments: industrial parks (under the Gemdale Viseen brand), commercial complexes (under the Gemdale Plaza brand), rental housing (under the Gemdale Strongberry Community brand), and quality for-sale residences. The company operates approximately 250 projects across China's first-tier and strong second-tier cities, generating revenue through both one-time property sales and recurring rental/property management fees.

Product overview

Gemdale Properties and Investment operates a diversified real estate platform with four main business segments: Industrial Parks, Commercial Complexes, Rental Housing, and Quality Residences. The product portfolio includes branded properties such as the Gemdale Viseen Software Science Park, Gemdale Viseen Center (commercial office complex), Gemdale Plaza (shopping mall brand), and Gemdale Strongberry Community (rental housing brand). These offerings span the commercial, industrial, and residential real estate sectors, providing a comprehensive suite of property development and management services.

Differentiator

Problem solved

Functional benefit

Brands

• Gemdale Viseen (金地威新): Industrial park development, construction, investment attraction, operation, and management platform focusing on strategic emerging industries such as life sciences, intelligent manufacturing, and new generation information technology
• Gemdale Strongberry Community (金地草莓社区)
• Gemdale Plaza (金地广场)
• 金地威新软件科技园 (Gemdale Viseen Software Technology Park)
• 金地威新中心 (Gemdale Viseen Center)

Products and services

• Gemdale Viseen Industrial Parks (金地威新产业园) Technology-focused industrial parks offering office and R&D spaces with customized infrastructure (data rooms, labs, proprietary bearing floors, dual-circuit power) for Fortune 500 companies and tech firms. As of December 2024, manages 38 industrial projects covering approximately 3.8 million square meters in 15 cities.
• Gemdale Viseen Center (金地威新中心) Flagship Grade A commercial office project in Shenzhen Nanshan Science Park featuring WELL and LEED dual gold-level certifications, a vertical park concept with 67% green coverage, smart office systems including electric curtain walls and fresh air processing, and 5.7 hectares of central ecological sports park.
• Gemdale Plaza Commercial Complexes (金地广场) Shopping mall and commercial complex brand providing regional/community lifestyle and business office supporting services, targeting middle-class families in China's first and second-tier cities. As of year-end 2022, 40 commercial projects in operation or under construction with approximately 3.5 million square meters of space.
• Gemdale Strongberry Community Rental Housing (金地草莓社区) Rental residential apartments offering quality long-term housing with community amenities and services for young urban professionals and expatriates in core cities. Operates 70+ stores managing more than 16,000 housing units, with over 24,000 units obtained in cities including Beijing, Shenzhen, Shanghai, Hangzhou, Guangzhou, and Chengdu.
• Quality Residences (精品住宅)

Quantifiable outcome

• Gemdale Viseen Center achieved 80%+ occupancy within 6 months of launch, setting a new record for Shenzhen office market despite COVID and economic headwinds
• +4 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Apollo Fund (US)minorStrategic or Co-development Partner · 1 January 2016Gemdale Viseen established partnership with US-based Apollo Fund for industrial platform development, marking one of the company's early international strategic partnerships.
• CRI BostonminorStrategic or Co-development PartnerStrategic cooperation agreement signed with CRI Boston for industrial platform development and resource sharing in Boston's innovation ecosystem.
• Amino CapitalminorStrategic or Co-development PartnerStrategic partnership with Amino Capital, a prominent VC/investment firm, for industrial platform development and startup ecosystem support.
• chinaindustria.comminorStrategic or Co-development PartnerPartnership with chinaindustria.com, an industrial resource platform, for deepening cooperation on industrial platform development.
• CALLISONRTKLcoreTechnology or IntegrationGlobal renowned architectural design firm CALLISONRTKL designed Shenzhen Gemdale Viseen Center with innovative 'cube' architectural concept, creating the landmark tech building.
• Bay Area Conference for Investment AttractionminorGTM or Marketing PartnerIn November 2022, Viseen Center was designated as 'Nanshan District Joint Investment Attraction Office' to jointly attract quality projects to the district with government.
• Nanshan District GovernmentcoreGTM or Marketing PartnerViseen Center serves as a joint investment attraction platform with Nanshan District Government, helping attract international enterprises to the Shenzhen high-tech zone.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Goodman Group: Global industrial and logistics real estate specialist operating business parks and warehouses for enterprise tenants. Directly comparable to GPI's Viseen industrial park model in product type and lease-driven revenue mix.
• ESR Group: Asia-Pacific logistics and industrial real estate platform with portfolios of industrial parks across China and the region. Directly comparable to GPI's Gemdale Viseen industrial park business in product, tenant base, and operating model.
• Yuexiu Property: Hong Kong-listed Chinese developer with a similar mix of tier-1/2 city residential, commercial, and investment properties. Closest mid-scale comparable to GPI in geography and product mix.

Broad incumbents

• Longfor Group: Diversified Hong Kong-listed Chinese developer with material commercial property, rental housing, and property management segments. Closely mirrors GPI's four-pillar model and recurring-rent emphasis at a much larger scale.
• China Vanke: Largest Hong Kong-listed Chinese diversified developer spanning residential, commercial, and logistics real estate. Most relevant peer for tier-1/2 city development and capital-markets dynamics, though far larger than GPI.
• Sunac China: Large Hong Kong-listed Chinese diversified developer with residential and commercial property exposure. Comparable business model to GPI though at materially larger scale and broader geography.
• Wharf Holdings: Hong Kong-listed conglomerate with significant mainland China commercial and investment property operations including office, retail, and mixed-use assets. Comparable to GPI's commercial complex and integrated property strategies in tier-1 Chinese cities.
• Agile Group: Hong Kong-listed Chinese diversified developer with residential and commercial property exposure across mainland China. Comparable portfolio breadth to GPI though at significantly larger scale and broader geographic mix.
• Hang Lung Properties: Hong Kong-listed commercial real estate owner-operator focused on premium mixed-use developments in mainland tier-1 cities. Comparable to GPI's commercial complex and Gemdale Plaza strategies in target markets and tenant profile.
• China Resources Land: One of the largest Hong Kong-listed Chinese diversified developers with significant investment-property and commercial exposure. Comparable to GPI's mixed development plus rental-income model, though at materially larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gemdale Properties and Investment