Red Star Property ranks second-largest commercial property developer
Red Star Property, a subsidiary of Chinese furniture retail giant Red Star Macalline Group Co Ltd, ranks the second best commercial property in 2014.
Suzhou Red Star International Plaza
Red Star Property, a subsidiary of Chinese furniture retail giant Red Star Macalline Group Co Ltd, ranks the second best commercial property in 2014. The top100 property companies list has been released by 3 institutions about property and enterprise for 11 years already.
Red Star Property announced a plan last year to set up 100 shopping malls in 60 first- and second-tier cities by 2020, up to now it has 38 Red Star malls in 25 cities such as Beijing, Tianjin, Chongqing and Suzhou, integrated furniture, fashion, fashion, cinema, catering, hotel and recreation.
The company has reached agreement with Sichuan Films Co Ltd to jointly operate Red Star-Pacific Cinema in the malls and Red Star Wedding World will provide comprehensive wedding services.
Set up in 1986 by private entrepreneur Che Jianxin, the Shanghai-based Red Star Macalline group has been among China's top 10 furnishing chains for years.
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