Yuexiu Property Acquires Guangzhou and Chengdu Land Parcels for RMB 4.8 Billion
Reuters
Oct 30
Yuexiu Property Acquires Guangzhou and Chengdu Land Parcels for RMB 4.8 Billion
Yuexiu Property Co. Ltd. has announced the successful acquisition of three land parcels through open tender. The company, via its subsidiaries, acquired two neighboring land parcels in Tianhe District, Guangzhou for RMB 1,278,520,000 and RMB 2,205,490,000, and one land parcel in Chenghua District, Chengdu for RMB 1,321,270,500. The acquisitions aim to enhance the company's land bank and strengthen its strategic presence in Guangzhou and Chengdu.
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