Poly Real Estate Group Co. Ltd. acquired two residential plots in Liangjiang New Area in Chongqing, China, for 2.67 billion yuan, Guandian reported.

The company acquired a 64,000-square-meter (96 mu) plot for 1.21 billion yuan and a 60,000-square-meter (90 mu) plot for 1.46 billion yuan.

Further, Joy City Property Ltd. acquired an 86,666.67-square-meter land parcel, also in Liangjiang New Area, for 780 million yuan, the report said.

As of May 30, US$1 was equivalent to 6.90 Chinese yuan.