Shui On Land will hold 100 per cent of the Foshan Lot 18 project, in Foshan Lingnan Tiandi. Photo: Paggie Leung
Shui On Land will hold 100 per cent of the Foshan Lot 18 project, in Foshan Lingnan Tiandi. Photo: Paggie Leung
Property /  Hong Kong & China

Shui On Land buys remaining stake in Foshan development project

Developer to let go further assets to reduce debt from lower margins and perpetual bond payouts

Sandy Li
Sandy Li

Updated: 12:32pm, 28 Aug, 2014

Why you can trust SCMP
Shui On Land will hold 100 per cent of the Foshan Lot 18 project, in Foshan Lingnan Tiandi. Photo: Paggie Leung
Shui On Land will hold 100 per cent of the Foshan Lot 18 project, in Foshan Lingnan Tiandi. Photo: Paggie Leung
READ FULL ARTICLE