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4-Traders Homepage  >  Equities  >  SHENZHEN STOCK EXCHANGE  >  COFCO Property (Group) Co., Ltd.    000031   CNE000000BJ5

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Beijing Sold 8 Land Lots with Premium Rate Lower than 5%

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05/26/2017 | 01:25pm CET

SHANGHAI, May 26, SinoCast -- A syndication consisting of Cofco Property, China Overseas Land & Investment, Poly Real Estate and Tianheng Real Estate won a land lot in Fengtai district, Beijing at CNY 4.15 billion.

Beijing has sold eight land lots with premium rate lower than 5%.

Analysts predict that land lots for office building development would continue to cool down, and developers would pay more attention to land lots for home development.

© Sinocast, source Sinocast Beats

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