tiprankstipranks
Company Announcements

Yuexiu Property Expands Strategic Land Bank with New Acquisition in Shanghai

Story Highlights
Yuexiu Property Expands Strategic Land Bank with New Acquisition in Shanghai

The latest announcement is out from Yuexiu Property Co ( (HK:0123) ).

Yuexiu Property Company Limited announced its successful bid for a land parcel in the Yangsi Community, Pudong New Area, Shanghai, for RMB5,090,000,000. This acquisition adds to the company’s land bank and strengthens its strategic position in Shanghai, leveraging the area’s strong infrastructure and amenities, and is expected to enhance the company’s residential property development capabilities.

More about Yuexiu Property Co

Yuexiu Property Company Limited is a real estate development company, primarily focused on residential property development and sales. The company operates in the real estate industry, with a market focus on quality land acquisition and strategic positioning in key urban areas.

Average Trading Volume: 62

For a thorough assessment of 0123 stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App