Yuexiu Property Co. Expands in Shanghai with Strategic Land Acquisition

Yuexiu Property Co (HK:0123) has released an update.

Yuexiu Property Co. has successfully acquired a prime land parcel in Shanghai’s Changning District for approximately RMB2.18 billion. The acquisition, made through a union with Shanghai Hongrun Real Estate, further enhances Yuexiu’s strategic land bank and positions them favorably in the Shanghai real estate market. The site is ideally located near key transport links and amenities, making it a promising investment for residential development.

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