Home 禄 Business 禄 Real Estate
Xintiandi land plots acquired
Print Edition
Shui On Land Ltd, in partnership with China Pacific Life Insurance Co and Shanghai Yongye Enterprise (Group) Co, acquired three land plots in Shanghai鈥檚 downtown Xintiandi yesterday for over 13.6 billion yuan (US$2.05 billion).
The average gross floor area price for the three parcels sitting on 34,824 square meters in Huangpu District was 44,963 yuan per square meter, or a premium of 0.2 percent.
Shui On Land will own 25 percent, CPIC Life 70 percent and Yongye 5 percent interests, the Shanghai-based developer, who will be the project development manager and asset manager on completion of the project, said in a statement.
The project, with a total built-up floor area of 390,700 square meters, will be developed into a commercial and office complex, said the statement. Office space will take up 197,100 square meters, retail and culture purposes will occupy 105,600 square meters and 88,000 square meters will be alloted for a car park, according to the statement.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
