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Property giants Vanke, Wanda join hands to do joint projects

Friday, May 15, 2015 - 05:50
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Vanke, headquartered in Shenzhen, is China's biggest listed developer by sales with a focus on residential projects.

Beijing

CHINA Vanke Co and Dalian Wanda Group Co, two of the nation's biggest property companies, forged a strategic partnership that may lead to more than 100 billion yuan (S$21 billion) of joint projects.

The companies will buy land and develop projects together to "leverage on