Shui On Land Forms Joint Venture for Pudong Redevelopment Project

Reuters11-19

<a href="https://laohu8.com/S/00272">Shui On Land</a> Forms Joint Venture for Pudong Redevelopment Project

Shui On Land Limited has announced the formation of a joint venture for a property redevelopment project in the Pudong New Area of Shanghai, China. On 19 November 2025, its subsidiary, Shanghai Shui On Urban Renewal, entered into a Shareholders' Agreement with Shanghai Lujiazui, Shanghai Pudong Real Estate, and Shanghai Sanlin. The joint venture company, to be established under PRC law, will be responsible for redeveloping land in Xilin Village, Sanlin Town. The ownership of the new company will be divided among Shanghai Lujiazui (40%), Shanghai Shui On Urban Renewal (39%), Shanghai Pudong Real Estate (11%), and Shanghai Sanlin (10%). The financial results of the joint venture will not be consolidated into Shui On Land Limited's accounts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shui On Land Limited published the original content used to generate this news brief on November 19, 2025, and is solely responsible for the information contained therein.

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