Home  Contact Us
  Follow Us On:
Advertising Advertising Free Newsletter Free E-Newsletter

Four Hong Kong-listed mainland developers to buy Tianjin site
Published on: 2010-08-26
Share to
User Rating: / 0

HONG KONG (Dow Jones)--Four Hong Kong-listed mainland developers are forming a joint venture to buy a site in Tianjin for CNY7.05 billion, the companies said in a joint statement Wednesday.

Agile Property Holdings Ltd. (3383.HK), Guangzhou R&F Properties Co. (2777.HK), KWG Property Holding Ltd. (1813.HK) and Shimao Property Holdings Ltd. (0813.HK) will each hold 25% of the joint venture, the companies said.

The property has a gross floor area of about 3.01 million square meters. It will be developed into residential and commercial properties in three phases spanning up to nine years.

Comments (0)Add Comment

Write comment

security code
Write the displayed characters

    Subscription    |     Advertising    |     Contact Us    |
Address: Magnetic Plaza, Building A4, 6th Floor, Binshui Xi Dao.
Nankai District. 300381 TIANJIN. PR CHINA
Tel: +86 22 23917700
E-mail: webmaster@businesstianjin.com
Copyright 2024 BusinessTianjin.com. All rights reserved.