Sina to spend 1 billion to build headquarters building is expected to be completed in 2015

Sina headquarters building is expected to be completed in 2015 Sina headquarters building in Beijing on February 3 in the Zhongguancun Software Park 2 Foundation of the ground-breaking ceremony of the February 3 foundation of the Site Sina Science and technology News of May 11, Sina (Nasdaq:sina) today's SEC documents show that has recently signed an agreement, Will be in Beijing Haidian District Zhongguancun Software Park to establish a headquarters building, costing about 1 billion. Sina plans to relocate major administrative offices, information technology centers and supporting management facilities to new office buildings. According to the current plan, the total building area of the new office building is about 106,500 square meters, the total construction cost is estimated to be 1.6-180 million USD (980 million-1.1 billion RMB), will be paid in installments during the construction period. According to previous information, the headquarters building in Beijing on February 3, the Zhongguancun Software Park 2 Foundation, covers an area of 2.9 hectares, is expected to be completed in 2015. (Ya nan)