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  • Poly Real Estate buys two plots
    Date: 14-Sep-2007 Sources: (Shenzhen Daily)

    POLY Real Estate Group Co., China's second-largest developer by market value, bought two plots of land for 4.2 billion yuan (US$558 million) to build homes in the southern city of Guangzhou.

    The Shanghai-listed company paid 2.12 billion yuan for an 86,347-square-meter site and 2.08 billion yuan for a 91,579-square-meter plot at a Sept. 11 auction, Guangzhou-based Poly said in a statement Thursday.



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