KERRY PROPERTIES BUYS LAND FOR CNY2.765BN IN SHENYANG
AsiaInfo Services, July, 2007
AsiaInfo Services 07-05-2007 Kerry Properties Buys Land for CNY2.765BN in Shenyang SHENYANG, Jul 05, 2007 (SinoCast via COMTEX) -- Kerry Properties Limited, one of the largest property investment and development companies in Hong Kong, announced on July 2 that its fully-owned subsidiary Kerry (Shenyang) Real Estate Development Co., Ltd.
had won a bid to acquire a piece of land for commercial and residential use in northeast Chinese city Shenyang, Liaoning Province, for CNY 2.765 billion. The land, with total developable area of about 172,800 square meters, is located in the central business district of the city. About 30% of the land will be designed for residential use and the remaining 70% will be for commercial use, revealed a senior executive of the Hong...
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