China LERTHAI Commercial Real Estate Group is a group enterprise of word-class large commercial real estate development and operation, covering real estate development, property operation and commercial retail.
The Group owns Hong Kong-listed LT Commercial Real Estate Limited (0112.HK) and Lerthai Commercial Property Group, and its business covers real estate development, commercial investment and property operation. Based on the international strategic cooperative enterprise, they practice the Group's "Five-Year Development Plan", set the industry benchmark in the cities with good economic foundation, excellent government environment and vibrant development energy in China, leading the consumer life. By means of urban economic features, they develop suitable business, culture and sports of provincial comprehensive commercial real estate project. By the end of 2018, the Group will have increased 20 million square meters of commercial real estate opening area and 8 million square meters of commercial self-sustaining area.
The Group owns five formats: commercial real estate, commercial retail, cultural tourism, agricultural product logistics park and high-end hotel, with the total assets of more than 30 billion yuan. It has successfully developed Shijiazhuang LERTHAI Center, Tangshan PELAGIC MALL, Xi'an Datang West City and other urban complex projects, and Dahe International Agricultural Product Logistics Park Project with the largest scale in Hebei of China, as well as Carrefour Baolongcang supermarket commercial retail format.
At present, with the successive implementation of commercial real estate project in United States and at abroad, LT Commercial Real Estate owned by the Group has started the construction of LERTHAI City in Tangshan, and also signed the letter of intent with the local government in Nanjing, Xingtai and Baoding on the local projects. Meanwhile, the meetings on the projects in Changsha, Wuhan, Tianjin and Beijing all go smoothly. Through the global strategic layout, we are dedicated to become the leading enterprise in business integration in the world, promoting urban economic and social development, improve the life quality of residents, so as to realize the great enterprise vision---"Improve Quality Urban Life with Commercial Properties for Global Businesses ".