11 December 2018

Vanke bags Nanjing sites for 1.1 bln yuan, paper says

China Vanke Co. Ltd. (000002.CN) has snapped up five sites in Nanjing for a combined 1.1 billion yuan (US$179.57 million), National Business Daily reported Wednesday, citing the results of a public auction. The sites have a combined area of 219,000 square meters which translates to an average floor price of 2,092 yuan per square meter, the report said.

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