1. Shui On Land Ltd., a Shanghai-based real estate developer, which owns an office and commercial building site in Shanghai will set up a venture that will invest more than 3 billion yuan ($392 million) for a 78 percent stake in the Dalian Software Park Phase 2 and for the land and other related costs in the project in the northeastern Chinese city of Dalian.
2. The project has an area of about 4 million square meters (43 million square feet). (The software park's first phase opened in 1998, has a gross floor area of 1.6 million square meters and has attracted more than 340 software companies).
As you sow investment, so you reap revenue.
[Click here for full story at: BLOOMBERG.COM]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment