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GSH expands into Chinese real estate

Firm invests 200m yuan for a 30% stake in Henan Zhongyuan Group

This food logistics and warehousing hub in Zhengzhou is one of the largest of its kind in China. It houses more than 1,000 tenants and has a total lettable area of over 350,000 sq m.


REGIONAL property developer GSH Corporation Limited has invested 200 million yuan (S$40.6 million) for a 30 per cent stake in Henan Zhongyuan Group, which owns a food logistics and warehousing hub in Zhengzhou, China.

The net tangible assets value of Henan Zhongyuan as at