E-House (China) Enterprise Holdings Announces Major Disposal of Wanju Property in Shanghai
E-House (China) Enterprise Holdings Limited has announced a significant real estate transaction involving the disposal of the Wanju Property, an office building located in the Yangpu District of Shanghai, China. The property, which comprises a land area of approximately 216,400 square meters and a total floor area of about 28,700 square meters, is being sold by Shanghai Wanju, an indirect wholly-owned subsidiary of E-House, to Shanghai Yangpu Urban Construction Investment (Group) Co., Ltd., also known as Shanghai UCI. The agreement for this very substantial disposal was finalized on December 12, 2024. This transaction marks a key development in E-House's strategic real estate operations within the region.
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