Others News
- Vanke unit buys Shanghai property
Date: 26-Nov-2007 Sources: (Shenzhen Daily)
CHINA Vanke Co., the country's biggest listed property developer, said Saturday a subsidiary had bought a 60 percent interest in a Shanghai property for 2.01 billion yuan (US$271.7 million).
The property, in the Pudong area near Shanghai's financial district, covers an area of 91,000 square meters with 216,000 square meters of building space, the Shenzhen-listed company said in a statement.
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