Fosun International buys site in southern China for 3.48B yuan

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Fosun International buys site in southern China for 3.48B yuan

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The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview

26 Dec, 2019

Author Aries Poon
Theme Real Estate

Fosun International Ltd. placed the winning bid of 3.48 billion yuan for a mixed residential-commercial site in Zhuhai city in southern China, Guandian reported.

The site, auctioned Dec. 26, has an area of 255,000 square meters and a plot ratio of 1.66, according to the same-day report.

As of Dec. 25, US$1 was equivalent to 6.99 Chinese yuan.

Author
Aries Poon
Theme
Real Estate

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Fosun International buys site in southern China for 3.48B yuan