Shui On Land has acquired three plots in Wuhan as part of a joint venture. Photo: SCMP
Shui On Land has acquired three plots in Wuhan as part of a joint venture. Photo: SCMP

Shui On Land cashes in on opportunity to build land bank in China amid depressed buying sentiment

  • Shui On Land, the flagship property company of the Hong Kong-based Shui On Group, has acquired three residential parcels in Wuhan for US$2.67 billion
  • Participation from Chinese developers in land sales have cooled in recent months because of their liquidity crunch

Topic |   China property
Shui On Land has acquired three plots in Wuhan as part of a joint venture. Photo: SCMP
Shui On Land has acquired three plots in Wuhan as part of a joint venture. Photo: SCMP
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