Date
26 September 2017

Country Garden secures Australia site for A$73 mln, paper says

Country Garden (Holdings) Ltd. (02007.HK) has secured a land plot in Australia for A$73 million (US$65.1 million), marking the property developer’s foray into the Australian residential housing market, the Shanghai Securities News reported Thursday, citing an official with real estate services firm Jones Lang LaSalle, which assisted in the transaction. The plot, measuring 17,580 square meters, is located in the northwest of Sydney and near the North Ryde railway station, the paper said. 

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KZ/AC/RC

 

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