Binjiang Real Estate wins land use rights
Hangzhou Binjiang Real Estate Group (SZSE:002244) announced that it has won land use rights for a plot designated for residential development in Hangzhou. The announcement, dated February 28, 2025, specified the land plot as 杭政储出[2025]9号. The plot covers a construction area of 27,934 square meters with a plot ratio of 2.2. The total price for the land use rights was RMB 106,607 million, with Binjiang Real Estate holding a 100% stake in the project. The company noted that its equity stake in the project might be subject to future changes and provided the initial stake for informational purposes only.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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