Sunac China (01918) said it agreed to acquire the entire equity interest in Chengdu Guojia Zhide Zhiye Co., Ltd. and shareholder's loan at Rmb3,206 million from C C Land (01224) and Sichuan Guojia Real Estate Co. Ltd.
The target owns 7 property projects in Chengdu with an aggregate gross floor area of about 2.54 million square metres, total saleable area of about 2.41 million square metres and estimated unsold area of about 1.39 million square metres. The properties are mainly residential and commercial properties.
C C Land expects to realize from the disposal a net gain before tax of around HK$978 million. The proceeds will be partly applied as working capital of the Group.
27/07/2015 11:31
Sunac (01918) to buy 7 Chengdu property projects at Rmb3.2bn
- 經濟通
- 強化版MQ
- 強化版TQ
- 財曆
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