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China Resources spends 4.30B yuan for 3-land buy in September

China Resources Land Ltd. purchased three land parcels in September for roughly 4.30 billion yuan.

The land parcels in Shanghai, Changchun and Wuhan have a combined gross floor area of about 532,299 square meters.

Year-to-date, the company splashed nearly 76.19 billion yuan for the acquisition of 43 land parcels across China, with an accumulated gross floor area of 8,953,949 square meters.

As of Oct. 6, US$1 was equivalent to 6.64 Chinese yuan.