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Real Estate

China Real Estate Weekly Wrap
By SMARTONY
Published: June 11, 2010 04:32 PM
Jun 11 – Country Garden Holdings (HKG: 2007) sold 215,000m2 fetching ¥125 billion ($1 = ¥6.8) in May, up 60% and 86% respectively from a year earlier. Source: http://news.china.com.cn/rollnews/2010-06/11/content_2631676.htm   Jun 11 – Tomson Group Ltd (HKG: 0258), which offers the mainland's costliest apartments in Shanghai, embarks on a project in Tianjin. It is the first mainland city it makes foray into after doing business in Shanghai for 18 years. Source: http://www.yicai.com/news/2010/06/361577.html   Jun 10 – Luxury properties in Shanghai, which cost ¥50,000/m2 or above, sold 45,000m2 in May, down 56.4% from April, according to DTZ. Source: http://www.yicai.com/news/2010/06/360666.html   Jun 10 – China Overseas Land & Investment Ltd (...
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