trending Market Intelligence /marketintelligence/en/news-insights/trending/rCNq7TKyUm30agFnADDViw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

China Resources adds 4 sites to landbank in April

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


China Resources adds 4 sites to landbank in April

Throughout April, ChinaResources Land Ltd. acquired four new sites in China for approximately6.14 billion Chinese yuan.

The land parcels are in Suzhou, Dalian, Ningbo and Wuhan, andcombined, offer a total gross floor area of about 1,150,292 square meters, accordingto a news release.

The company said it took full ownership of the sites in Suzhouand Dalian, plus 33% and 51% interests in the Ningbo and Wuhan parcels, respectively.

Year-to-date, the company has recorded 11 land acquisitions fora total land premium of 25.05 billion yuan. In March, the group bought three land parcels.

As of May 5, US$1 was equivalentto 6.50 Chinese yuan.