Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Latest News
 Search News  Or
Suning Appliance to start commercial complex in Xi'an

May. 18, 2012 (China Knowledge) - Suning Appliance Co Ltd<002024>, one of the largest privately-owned electrical appliance retailers in China, has won a land bid in Xi'an, capital of Shaanxi Province to start a commercial complex with an investment of approximately RMB 800 million.

The plot, acquired by the Chinese household appliance giant, covers an area of 8,498.3 square meters.

Xi'an Municipal Bureau of Land and Resources began selling the plot on Jan. 30, 2012, with a starting price of RMB 250 million or RMB 19.59 million per mu, the highest price in the city's land transaction.

On the site, a large-scale commercial project would be completed in early 2014, with a floor area ratio not exceeding 5.27.

The proposed real estate project is expected to be its first commercial complex in Northwest China, with properties including electrical appliance stores, restaurants and recreational facilities, sources reported.






Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved