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Vanke Beats Out Poly, Gemdale for Wuhan Land 

Posted on Jul 08, 2009 | 18:07

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Real estate developer Vanke (000002.SZ, 200002.SZ) secured a 24.27-hectare residential land parcel in Wuhan, Hubei province, on July 7 with a bid of RMB 727.5 million, RMB 340 million more than the offering price, reports guandian.cn quoting media sources. Shenzhen-based real estate developer Gemdale (600383.SH) and Guangzhou-based Poly Real Estate Group Co. Ltd. (600048.SH) also bid for the plot, said the report.

Tags:  000002.SZ 200002.SZ 600048.SH 600383.SH Gemdale Poly Real Estate Group Real Estate Vanke

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