SUBSCRIBERS
Perennial embarks on third HSR integrated development in China
Janice Heng
Published Fri, Jul 27, 2018 · 09:50 PM
Singapore
PERENNIAL Real Estate Holdings' 45 per cent-owned joint venture is making a 2.7 billion yuan (S$564.3 million) investment in an integrated development next to Tianjin South High Speed Railway (HSR) station, the group announced on Friday.
The joint venture, Perennial HC Holdings, was awarded the tender to develop the 76,900 sq m site in Tianjin, China at a price of 718 million yuan, with a tenure of 40 years.
Copyright SPH Media. All rights reserved.
