综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Companies

China Vanke makes 1st investment in Singapore

Xinhua | Updated: 2013-04-17 09:34

SINGAPORE - China's largest residential developer China Vanke will spend 135.5 million Singapore dollars ($109.3 million) to acquire a 30 percent stake in a residential development project in Singapore, its strategic partner Keppel Land Limited said on Tuesday.

Vanke said it is the company's first investment in Singapore.

Keppel Land and Vanke have entered into a strategic partnership that will see both companies jointly develop properties in Singapore and China, Keppel Land said.

Vanke, through a wholly-owned subsidiary, will acquire the 30 percent stake in a condominium development project in Tanah Merah in eastern Singapore from a subsidiary of Keppel Land, which was awarded the residential site for 434.55 million Singapore dollars in October last year.

Keppel Land said it was looking forward to the strategic partnership to help grow its businesses in China as Vanke has operations across almost all the big cities in China.

"Leveraging Vanke's deep insight and keen knowledge of the Chinese market, this win-win partnership will put us in good stead as we look towards scaling up in high-growth cities in China," said Ang Wee Gee, chief executive officer of Keppel Land.

Yu Liang, president of Vanke, said the company looks forward to this long-term partnership with Keppel Land, one of Asia's leading property developers.

"We hope to be able to learn best practices from Keppel Land in the area of real estate development. We are confident that our first joint development project in Tanah Merah will set the pace for future collaborations in Singapore and China," he said.

The project, comprising 726 residential units, is expected to be launched in the second half of 2013.

Keppel Land is a unit of Keppel Corporation, with mixed developments across Singapore and several major Chinese cities. It is one of most active developers from Singapore in China.

Founded in 1984, Vanke is now China's largest residential developer. It is listed on the Shenzhen Stock Exchange. Its sales exceeded 140 billion yuan ($22.4 billion) in 2012.

 

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
泰顺县| 称多县| 全南县| 景泰县| 曲靖市| 原阳县| 阿克苏市| 玉树县| 丁青县| 大理市| 余干县| 孝义市| 喜德县| 志丹县| 苍山县| 德钦县| 普宁市| 东乌珠穆沁旗| 阿拉善左旗| 印江| 吉林省| 墨竹工卡县| 榆社县| 彝良县| 定州市| 湖州市| 霍林郭勒市| 通渭县| 古丈县| 宁都县| 神木县| 宁安市| 托克逊县| 商南县| 报价| 平阴县| 鄂温| 恭城| 孟州市| 灵川县| 黄石市|