China's Soho to purchase Shanghai site for $632 million

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Source: Marketwatch

China's company Soho Ltd. will buy Shanghai's commercial site for $632 million from two companies Greentown China Holdings Ltd. and Shanghai Zendai Property Ltd. The takeover is a part of Soho's strategy aimed at acquiring commercial property at important locations near the main transportation networks between Beijing and Shanghai.

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Thu, 29 Dec 2011 09:42:38 GMT

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