trending Market Intelligence /marketintelligence/en/news-insights/trending/zX0plYEvoZGzj6pCKCiC1g2 content esgSubNav
In This List

China Overseas Land wins residential plot in Zhengzhou for 2.67B yuan

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


China Overseas Land wins residential plot in Zhengzhou for 2.67B yuan

China Overseas Land & Investment Ltd. won the bid to acquire a 72,400-square-meter residential site in Zhengzhou, Henan province, China, for 2.67 billion yuan, Chinese newswire Guandian reported Dec. 6.

The aggregate amount equals 14,743 yuan per square meter for the site, which has a plot ratio of between 1.1x and 2.5x.

As of Dec. 6, US$1 was equivalent to 7.04 Chinese yuan.