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RTNominal unchange1.440 0.000 (0.000%)

02/01/2020 11:58

Haitong UT (01905) to buy Shanghai property at RMB1.42bn

[ET Net News Agency, 2 January 2020] Haitong UniTrust International Leasing Co., Ltd.
(01905) said it has agreed to purchase from China Minsheng Bund (1) B1 Office to be built
on the land parcel at an estimated consideration of RMB1.36 billion; and (2) the
self-owned parking spaces allocated to B1 Office at an estimated consideration of RMB56.62
million. The total consideration is estimated to be RMB1.42 billion.
The properties will be office premises and parking spaces of the company after the
completion of delivery. The land parcel is at Huangpu District, Shanghai. B1 Office
consists of nine storeys of building above the ground with an estimated gross floor area
of 16,023.68 square metres. (RC)

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