Firm boosts its land bank

PUBLISHED : Thursday, 24 February, 1994, 12:00am
UPDATED : Thursday, 24 February, 1994, 12:00am

GUANGZHOU Investment, which has a limited local land bank, is eager to increase its Hong Kong property holdings and is currently negotiating for a development site with a locally-listed company.

General manager Guo Peinan expected the acquisition would be finalised next month and that the company would increase its portfolio of investment properties to enhance recurrent rental income.