General view of the Xuhui district in Shanghai. Photo: Baidu General view of the Xuhui district in Shanghai. Photo: Baidu
General view of the Xuhui district in Shanghai. Photo: Baidu

Hongkong Land pays a record 31 billion yuan for Shanghai land plot as it continues its search for growth in mainland China

  • Hongkong Land, 50 per cent owned by Jardine Matheson, plans to build office buildings, shopping malls and high-rise apartment buildings on the plot at West Bund
  • The parcel will yield 1.8 million square metres (1.94 billion square feet) of gross area

Topic |   China property
General view of the Xuhui district in Shanghai. Photo: Baidu General view of the Xuhui district in Shanghai. Photo: Baidu
General view of the Xuhui district in Shanghai. Photo: Baidu
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