Yanlord acquires asset in Suzhou, China for RMB1.35b

It's a 171,200 sqm prime residential development site.

According to OSK-DMG, Yanlord has acquired a 171,200 sqm prime residential development site in Suzhou for RMB1.35b.

The site is acquired for the development of a prime residential development and will benefit from a comprehensive suite of business and lifestyle amenities and is well connected via the city’s key thoroughfares and the No. 1 metro line. The development has a site area of approximately 77,820 sqm and a plot ratio of up to 2.2 times.

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