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Soho China buys Qianmen project

Source: Internet
Author: User
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The Securities Times Tangsun kept Soho China (00410.HK) plans to invest heavily in the purchase of its Beijing commercial properties from Pan Shiyi.　　News of the company's shares surged 8.82% per cent yesterday, closing at HK $5.06 to record nearly a year. Soho China plans to spend 1.77 billion yuan to buy the Beijing "Qianmen" project under the name of Pan Shiyi, which is about 55,000 square meters of commercial property, of which about 23,000 square meters have been built, among which 90% have signed a letter of intent to rent $100-200 per square metre.

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