Guangyao Dongfang Group, a Beijingbased property developer, is actively eyeing commercial property investment opportunities in the first- and second-tier cities of north China. Guangyao planned to take on four commercial property projects this year, with Beijing being the prime target. The company has a presence in Beijing, Tianjin, Shandong, Shanxi and Hebei.
It has built a high-end commercial building in Xiangluowan, the central business district of the Tianjin Binhai New Area, with a floor area of 560,000 square meters.
The company will open Guangyao Dongfang Shopping Center on the Changan Avenue West in Beijing. The center has 100,000 square meters to host retailers, becoming a wonderful resort for shopping and dining.