Yuexiu Property Acquires Shanghai Pudong Land for RMB2.56 Billion
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Yuexiu Property Co. Ltd. has announced the acquisition of land parcel E04B-10 in Pudong New Area, Shanghai for RMB2.56 billion. The land, covering approximately 26,931.62 square meters, is intended for residential development and was acquired through open tender by its 95%-owned subsidiary, Shanghai Yueheng Enterprise Management Co., Ltd.
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