APAC Realty to enter Hainan property market with 40% stake in JV
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APAC Realty, which operates a real estate brokerage under the ERA brand, has entered into a joint venture (JV) agreement with two Chinese firms in a bid to penetrate the China market.
The two companies are Hainan Zhong Zhi Sheng He Real Estate Investment Consulting Co, and Bei Guo Tou (Shanghai) Equity Investment and Fund Management Co.
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