China South City (01668) said it had successfully bid for the land use right with a total site area of 520.89 mu in Feixi county, Hefei City, Anhui Province for Rmb208.36 million.
The planned gross floor area of the land is about 902,100 square metres.
Together with the land acquired in May 2013, China South City has successfully acquired land with a total planned gross floor area of around 4.84 million square meters for an aggregate consideration of Rmb1,243 million. The land acquired will be used for the development of the Hefei project.