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Feb 25, 2020 · Tesco PLC (“Tesco”) today announces the sale of its 20% share in Gain Land to a subsidiary of its joint venture partner, China Resources Holdings (“CRH”). Gain Land is the Chinese joint venture with CRH that was established in 2014.
Find the latest China Resources Land Limited (1109.HK) stock quote, history, news and other vital information to help you with your stock trading and investing.
Feb 25, 2020 · Tesco has sold its 20% holding in Chinese business Gain Land as it increases focus on its core operations. The sale, to a subsidiary of its joint venture partner China Resources Holdings, will generate net proceeds of £275m for Tesco and marks the grocer’s exit from China.
3 days ago · China Resources Land Limited (short for CR Land; stock code: HK1109), the real estate flagship subsidiary of China Resources group, is one of the most influential comprehensive real estate developers in Mainland China.;
- Jing’an Site to Yield Nearly 89,000 sqm of New Offices
- Setting A New High-Water Mark For Commercial Land
- Prime Sites Still Draw A Crowd
The plot, officially known as Jing’an District Nanxi Community C050401 Unit 115-12, is located just south of Jing’an’s West Nanjing Lu commercial strip and can yield up to 88,966 square metres of office space at a plot ratio of 9.49. The parcel has already been approved for construction of a 180 meter tall office building, which will be complemente...
The acquisition price for the site across Shimen Yi Lu from HKRI Taikoo Hui, broke the commercial land auction record of RMB 56,079 per square metre which was set in July of last year when a joint venturebetween Shui On Land, China Pacific Insurance Co. Ltd and Shanghai Yongye Group bought a site near Xintiandi for RMB 13.6 billion. In explaining t...
According to data from the research team at Savills, the plot was also the first significant commercial site to go on sale in the core sector of Jing’an district since Houston-based developer Hines purchased a development on Xinzha Road, which is now One Museum Place,for more than RMB 3.7 billion in 2013. “Although the broader property sector in Sh...
Sep 11, 2024 · China Resources Land Ltd (1109:HKG) company profile with history, revenue, mergers & acquisitions, peer analysis, institutional shareholders and more.
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