“Blackstone has built the DragonCor portfolio into a collection of carefully selected high-quality logistics assets strategically located in China’s mainland major hubs, with a diversified tenant base across fast-growing sectors such as technology and third-party logistics. Backed by Blackstone’s global scale and logistics expertise, and a world-class management team on the ground, DragonCor today is one of China’s leading logistics portfolios.”
Crafting what comes next
Together we will enable exceptional outcomes for our people, managed assets and communities.
We enable exceptional outcomes our people, managed assets and communities. We are backed by the financial strength of Blackstone and have vast customer network and extensive on-the-ground experience in China’s domestic market. For example, in logistics, we help grow Blackstone’s portfolio of more than 40 logistics parks across 19 cities, with a gross floor area totaling over 5 million square meters.
- 5.1 Million+ sqm
- 19+ Cities
- 42 Logistic Parks
Our presence
Laying the groundwork
We manage high-quality assets with outsized growth potential.
Founded by Blackstone in 2018, DragonCor has since gained considerable experience managing a host of assets across mainland China, leveraging our people, scale and differentiated strategies to achieve accelerated growth. In logistics, we provide a holistic solution within the logistics ecosystem with modern, high-quality logistics and warehousing facilities.
Our Leadership
Min Zuo
Ming Zuo
Ms. Zuo Ming, currently serving as President of Shanghai DragonCor Management Co., Ltd. Ms. Zuo takes charge of the company’s overall operation, future development strategies & planning which focusing on the management & growth of logistics, multi-family, commercial real estate, as well as other business formats.
Before joining DragonCor in July 2024, Mrs. Zuo served at Blackstone China in charge of Asset Management for 7 years. Meanwhile, she contributed to DragonCor’s business development with her leadership and professionalism since the company’s establishment. Mrs. Zuo started her career at GIC, working on investment and asset management in China.
Ms. Zuo holds Master’s Degree of Real Estate Financing from the University of Cambridge and Bachelor’s Degree of Economics from the University of Essex, UK.
Lin Xu
Mr. Nick Xu, currently serving as Managing Director of Logistics Department in Shanghai DragonCor Management Co., Ltd.
Mr. Xu takes charge of the overall strategy and operation of the company’s logistics business including leasing, asset management as well as property management.
Mr. Xu has over 15 years of in-depth experience in logistics real estate industry. Before joining DragonCor, Mr. Xu served at VX Logistics under Vanke Group as Vice President, North China General Manager & Chief Partner of High Standard Leasing Center, is responsible for leasing, BD, M&A and corporate management.
Mr. Xu holds a Bachelor of Arts Degree in English from Zhejiang University of Technology.
William Fung
Mr William Fung leads the Construction and Property Management Department of DragonCor, responsible for the construction and property management of the company’s various logistics, multifamily and commercial assets.
Mr Fung has a bachelor’s degree from London South Bank University. He has over 30 years of experience in real estate management and property management. Previously with Hsin Chong Construction, Gammon Construction and Tysan Land (Shanghai), he was responsible for project and engineering management in relation to the construction of large hotels, office buildings and hospitals.
Gary Mak
Mr Gary Mak leads DragonCor’s Multifamily business.
Mr Mak holds an EMBA from ESC Clermont Business School and advanced certificate from Cornell-Nanyang Technological Institute of Hotel Management. He has more than 20 years of experience in managing hotels, serviced apartments and multifamily assets. He was previously a vice president at China SCE Property overseeing the company’s portfolio of 23,000 rooms, with responsibilities in operations, branding and marketing, information management, product design and development management.
Chunxiao Gu
Ms Chunxiao Gu heads the ESG Department of DragonCor, responsible for the companies’ overall sustainability strategy and implementation, including the strategic framework, governance, integrated initiatives and targets.
Ms Gu has a master’s degree in environment and development from the London School of Economics and Political Science, and a bachelor’s degree in environmental science from City University of Hong Kong. With nearly 10 years of experiences in sustainability and consulting, she previously worked at Ernst & Young and UNDP.
Lijia Ji
Ms Lijia Ji heads the legal department of DragonCor, taking charge of the company’s legal affairs and compliance matters.
Ms Ji holds a bachelor’s degree from East China University of Political Science and Law and a master’s degree from University of Groningen in the Netherlands. She has more than 18 years of experience in the legal sector and has worked at a number of foreign law firms and foreign enterprises. Before joining DragonCor, she was in charge of legal affairs related to China at Lendlease.
Qi Shi
Ms. Tracy Shi, currently serving as Head of Finance in Shanghai DragonCor Management Co., Ltd.
Ms. Shi takes charge of Finance and IT Department, is responsible for future development strategies & planning which focusing on budgeting and forecasting of company, business analysis and strategy for decision making, as well as information systemization of internal process, etc.
Ms. Shi has 15 years of career experience over financial management. Before joining DragonCor, she served as head of finance department for JD cargo airlines in JD.COM.
Ms. Shi holds a Master’s Degree of Professional Accounting from the University of New South Wales, Australia.
Lin Shen
Ms. Claire Shen, currently serving as Head of HR & Admin in Shanghai DragonCor Management Co., Ltd., is responsible for the management of corporate human resources and administration.
Ms. Shen has 14 years of professional human resources management experience in multi-national companies across industries of Technology, Media and Real Estate. Ms. Shen has in-depth experience in HR strategy & planning, L&OD, organization transformation and team management, etc. Before joining DragonCor, Ms. Shen works for SAP China, Dentsu Group, Alibaba-Cainiao and Colliers.
Ms. Shen holds a Master’s Degree of Human Resources Management from Renmin University of China and a Bachelor’s Degree of International Trade & Economy in Shanghai International Studies University.
Careers
Go beyond the possible
Get to know the people, perspectives, and values that make us proud to work at DragonCor.
Our thinking
What moves you?
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Creating tomorrow's residences
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The future of the workplace
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Next-gen e-commerce and logistics
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Harnessing the power of data in real estate
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Driving ESG in a multi-asset class context