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Kardan wins auction for land for mixed-use development
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Kardan wins auction for land for mixed-use development

Article Date : Tuesday, August 05, 2008       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Kardan has won an auction with a local partner to acquire land with construction rights of about 109,000 square meters in the city of Hangzhou in China. Kardan will pay $62 million for the 10,400 square meters of land together with partners. Of the partners Geely Group will hold 40% of the project. Kardan’s subsidiary GTC Real...


Article provided by China Economic Review.
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