Headquartered in Shanghai, CDG Retail Management Co. Ltd. (“CDG”) is a vertically integrated, retail-driven development and asset management company offering turn-key, on the ground execution and delivery capabilities. CDG was founded in 2010 to pursue retail anchored mixed-use development and value-added opportunities in mainland China. CDG is led by a senior management team comprised of three cycle-tested executives with an extensive blend of design, development, finance, construction, leasing and operations. Senior management has broad experience, particularly in emerging international markets, includes the formation and leadership of joint ventures with institutional investors including JP Morgan/Peabody Funds (France, Poland, Turkey), Morgan Stanley Real Estate (China) and Warburg Pincus (China). CDG Retail currently has shopping malls in multiple key second and third tier Chinese cities under development. Projects range in size from GFA 50,000 sqm to 120,000 sqm. Since 2004, the CDG Retail team has opened projects comprising the InCity portfolio, including investment grade shopping malls in Suzhou, Hangzhou, and Zhengzhou. The InCity portfolio, totaling more than 345,000 sqm, was sold at USD 350 million in 2010 representing one of the largest retail transactions in mainland China to date. In addition, CDG Retail’s executive team successfully led the leasing and / or project development of 4 projects in Beijing, Wuhan, Wuxi and Chengdu, totaling over 800,000 sqm.