Logan Property (03380) said it acquired 49% equity interest in Shenzhen Jinjun Real Estate Company Limited at Rmb2,086 million.
Upon completion, Shenzhen Jinjun became an indirect wholly-owned subsidiary of Logan Property.
Shenzhen Jinjun was established in the PRC on 15 April 2014. It is the project company which owns the land use right to a land parcel located in the Longhua District, Shenzhen for residential use for 70 years. The land plot has a total site area of 46,646.77 square metres and a GFA of 186,500 square metres. To-date, the development has been completed and the book value of the land together with the buildings thereon is Rmb2.3 billion.
【你點睇】內地再增8個自由行城市，餐飲業倡設大灣區身份證，以便利更多人來港消費，你是否認同？► 立即投票
