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02/09/2021 13:45

Yuexiu Property (00123) gets Dongguan land at RMB1.87bn

[ET Net News Agency, 2 September 2021] Yuexiu Property Company Limited (00123) said the
company has successfully won the bid for the land parcel at Yanggongzhou Village, Shatian
Town, Dongguan for a consideration of RMB1.87 billion by way of open tender, through its
95.48%-owned subsidiary, Guangzhou City Construction & Development Group Nansha Co., Ltd.
The land parcel has a site area of approximately 66,135 sq.m. and a total gross floor
area of approximately 192,204 sq.m., of which the plot ratio accountable gross floor area
amounts to approximately 145,498 sq.m. It is for residential use. (RC)

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