Yuexiu Property Co (HK:0123) has released an update.
Yuexiu Property Co. has successfully acquired a prime land parcel in Haizhu District, Guangzhou, for RMB1.9 billion. The site, located near key educational, medical, and commercial facilities, is intended for residential development, enhancing Yuexiu’s strategic presence in the region. This acquisition is expected to bolster the company’s quality land bank.
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