Binjiang Real Estate Gets Land Use Rights for Two Residential Parcels

MT Newswires Live06-30

Hangzhou Binjiang Real Estate Group (SHE:002244) acquired land use rights for two residential land parcels.

The larger plot was secured for 3.26 billion yuan, while the smaller plot cost 1.10 billion yuan, according to a June 28 filing with the Shenzhen bourse.

Shares of the real estate company closed 1% higher Monday.

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