trending Market Intelligence /marketintelligence/en/news-insights/trending/o3vbrwzogn_2glhwg2wbdg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Yanlord Land unit acquires Chinese site for 7.84B yuan

Mining Exploration Insights – May 2020

Essential Energy Insights - May 14, 2020

Paypal Well-Positioned To Gain Share In COVID-Related Digital Payments Shift

Credit Analytics Case Study: Provogue (India) Limited and Shree Renuka Sugars

Yanlord Land unit acquires Chinese site for 7.84B yuan

A unit of Yanlord Land Group Ltd. purchased a land parcel in Nanjing, China, for about 7.84 billion Chinese yuan through a public land auction.

Wholly owned subsidiary Yanlord Land Pte. Ltd. bought the 541,000-square-meter property in the Sino-Singapore Nanjing Eco Hi-Tech Island, with the purchase price equivalent to roughly 14,486 yuan per square meter.

The site will see the development of roughly 268,000 square meters of gross floor area for residential space, and approximately 273,000 square meters of gross floor area for commercial, hotel, office and tourism purposes.

Yanlord Land Group's Chairman and CEO Zhong Sheng Jian said this latest purchase was in line with the company's plans to expand their existing projects in the Nanjing property market and broaden their prime development land bank within the main parts of the city.

As of Dec. 27, US$1 was equivalent to 6.95 Chinese yuan.