Hysan Development is expanding into Shanghai’s commercial market with the 3.5 billion yuan (US$542 million) acquisition of a 24-storey building in which CK Asset Holdings has a controlling stake, with the aim of recreating another Lee Gardens in the mainland city, according to a company announcement late Friday.“This acquisition marks a very important step for our long-term planning and development in Shanghai. We will continue to identify new development opportunities in Shanghai, the Greater…
Source : South China Morning Post
Read more…Hysan snaps up Shanghai building for 3.5 billion yuan and says it aims to create another Lee Gardens in city















