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SOHO China 1.8 billion to buy Beijing Qianmen project

Source: Internet
Author: User
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Soho China announced a 1.778 billion yuan (RMB, below) (about HK $2.008 billion) to the chairman and major shareholder Pan Shiyi to buy Beijing commercial properties of the Tiananmen Square South (Qianmen) project.　　Soho China said that the Qianmen project sold no less than 54,700 square meters, of which 22800 square meters are located in Qianmen Street, the rest is located on the east side of Qianmen Street, 32,300 yuan per square meter. The Soho China arrangement, however, is less than the company plans to buy 49% per cent of 33 sites south of Tiananmen Square (Qianmen) to major shareholders in the 07 IPO.

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