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Yanlord JV clinches site in Shanghai Pudong New District for 4.5b yuan

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Nisha Ramchandani

Nisha Ramchandani

Published Fri, Aug 21, 2020 · 09:50 PM

Singapore

A JOINT venture (JV) of Yanlord Land Group has acquired a low-density prime residential development site in Kangqiao, Pudong New District of Shanghai for 4.5 billion yuan (S$0.89 billion).

Property developer Yanlord holds a 51 per cent stake in the JV, and its partner, Huafa Industrial Co Ltd Zhuhai holds the rest.

Yanlord LandProperty investment

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