CentraLand buys 80% stake in Zhengzhou Longma for S$74m

Mainboard-listed CentraLand, through its subsidiary Henan Hezhi Company, has entered into an agreement to acquire 80 per cent of Zhengzhou Longma. CentraLand paid 360 million yuan or about S$74 million for the stake. Zhengzhou Longma owns two parcels of land out of the four parcels that make up Tianrong Fashion City. CentraLand intends to redevelop Tianrong Fashion City and its surrounding land into a...

CentraLand to buy 25,460-sq metre site in Zhengzhou for S$39m

Mainboard-listed CentraLand is buying a 25,460-square metre site in China for 200 million renminbi (S$39 million). The site in Zhengzhou, the capital of the Henan province, will be redeveloped into a new mixed-commercial building, comprising retail and office space. There will be about 16,000 square metres of commercial retail space and approximately 94,000 square metres of office space. The parcel is...

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