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Yanlord acquires second Nanjing site for 7.8b yuan

It will develop a massive integrated project with residential apartments, hotel, offices and "tourism space"

Published Tue, Dec 27, 2016 · 09:50 PM

Singapore

YANLORD Land Group said on Tuesday that it has acquired a prime development site on Sino-Singapore Nanjing Eco Hi-Tech Island for 7.84 billion yuan (S$1.5 billion) through a public land auction.

The integrated development site, spanning 541,000 square metre (sq m) in gross floor area, will comprise residential apartments, recreational facilities, hotel, offices and tourism space.

The Nanjing Eco Hi-Tech Island is a commercially driven collaboration led by the private sector with local government support. The Singapore consortium led by Sembcorp …

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