Property News · March 10, 2017

CR Land still eyeing HK sites despite inflated prices, says parent group’s chairman


State-backed China Resources Land (CR Land), which has been building its presence in Hong Kong for decades, has been outbid recently on two separate government land tenders by mainland rivals.
But despite hugely inflated prices now being paid in the city, chairman of CR Land’s parent China Resources Group Fu Yuning – also a CPPCC member told the South China Morning Post during the sideline of the two sessions in Beijing – says its interest in acquiring more land here remains…

Source : South China Morning Post
Read more…CR Land still eyeing HK sites despite inflated prices, says parent group’s chairman

You may also like...