Successfully Acquisition the Land in Kaifeng ~ Lot No. : 2012-1“Deson - World Expo Plaza” BACK

16 February 2012


On 16 February 2012, the Group has successfully acquired the first representative land through auction amongst numerous reputation developers in the Year of Dragon. The Land is located in the center of Zheng Kai Avenue, Kaifeng, Henan Province the PRC, covering a land area of 29,847 square meters (44.82 acreage) and the total GFA of 1,000,000 square feet, is a large scale development composed of residential and commercial complex in ratio of 80% and 20% respectively.
 
This successful auction represents not only the Group to have the determination and persuasion to keep the investment at Kaifeng but also to accomplish the belief of city planning and development strategy in PRC.