Hysan Development is expanding into Shanghai’s commercial market with the 3.5 billion yuan (US$542 million) acquisition of a 24-storey building from CK Asset Holdings. Photo: Handout
Hysan Development is expanding into Shanghai’s commercial market with the 3.5 billion yuan (US$542 million) acquisition of a 24-storey building from CK Asset Holdings. Photo: Handout
Cheung Kong

Hysan snaps up Shanghai building for 3.5 billion yuan and says it aims to create another Lee Gardens in city

  • The project sits in Jing’an district, Shanghai’s central business area and the deal is expected to be completed early next year
  • Hysan is betting on the development potential of the East Siwenli neighbourhood in Shanghai

Topic |   Cheung Kong
Hysan Development is expanding into Shanghai’s commercial market with the 3.5 billion yuan (US$542 million) acquisition of a 24-storey building from CK Asset Holdings. Photo: Handout
Hysan Development is expanding into Shanghai’s commercial market with the 3.5 billion yuan (US$542 million) acquisition of a 24-storey building from CK Asset Holdings. Photo: Handout
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