China Growth Development, Inc. (CGDI), is the largest investor, owner and manager of commercial real estate in the capital city of Taiyuan, located in the Shanxi Province of southern China. China Growth Development, Inc., owns and manages 4,200 commercial units within its six strategically located shopping centers, servicing an urban population of 3.4 million people.
Formed in 2005, CGDI provides high-quality leasing opportunities for both retail and wholesale clients in convenient, modern shopping centers. Our continued focus on anticipating and satisfying the evolving needs of our retail and wholesale clients has positioned us as a leader in commercial real estate leasing. With a portfolio valued at over US $60 million and more than half of the market share in commercial leasing, we are committed to defining the urban commercial landscape of Shanxi.
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whitetiger 19-Sep-2009 11:23 AM
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Nice summary. Would you put this stock in the same category of CHLN? I think in order to h... (#1612)
In Response to original message: #1601 posted by on 17-Sep-2009 05:41 PM
Nice summary. Would you put this stock in the same category of CHLN? I think in order to have CGDI approach its book we need it to relay an ability to consistently grow its EPS at a decent clip. Also, do these guys actually own the land or do they have land use rights?
Maj