Yanlord Land acquires Hangzhou residential site
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Nisha Ramchandani
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Singapore
REAL EState developer Yanlord Land Group has acquired a prime residential development site in Hangzhou for about 2.94 billion yuan (S$600 million) as it continues to expand its footprint within the Yangtze River Delta.
The 154,500 square metre (sq m), gross floor area site in Hangzhou was acquired by its wholly-owned subsidiary, Hangzhou Renyuan Property Development Co, via a public land auction.
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