After one-month trial, Grand Joy City opened officially on February 2. As the first strategic project in commercial real estate by COFCO Commercial Properties, the launching of Grand Joy City is a critical milestone. As the first project opened in 2008 in Beijing commercial real estate, it opened the curtain for commercial real estate show in Olympic Year and attracted eyeballs from all the society.
Mr. Frank Ning, COFCO Chairman and Mr. Shi Zhuowei, Vice President gave best wishes, high remarks and strong support to Grand Joy City. COFCO’s objectives are to add value to its commercial real estate, set up quality property portfolio and establish a brand chain of Grand Joy City. To provide quality living space and services is part of COFCO’s social responsibility. The City’s opening is a starting point for further development of COFCO commercial real estate. It’s also a major contribution to the prosperity of Beijing. In the next five to ten years, COFCO is going to forward 8 to 10 big commercial real estate projects in China and take Grand Joy City brand to around the country, which will help the group to be an influential player in Chinese real estate with 30 billion RMB assets.