Yuexiu Property Co (HK:0123) has released an update.
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Yuexiu Property Co. has successfully acquired a prime land parcel in Pudong, Shanghai for RMB7.9 billion through an open tender. The site, located in a highly sought-after area with excellent transport, educational, and medical facilities, will be developed for residential use. This acquisition strengthens Yuexiu Property’s strategic foothold in Shanghai’s competitive real estate market.
For further insights into HK:0123 stock, check out TipRanks’ Stock Analysis page.
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