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CRIC Daily Summary

Daily, Shanghai
Daily news and Commentary on the Chinese Real Estate sector

Jinling Investment successfully acquired a land in Changzhou with highest land price

May 04, 2012
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- Among four lands listed for bidding on the day, Jinling Investment from Changzhou successfully acquired a land designated for commercial use at reserve price.

- The land covers an area of 177k sqm at a floor price of RMB6,375/sqm and is bid for a reserve price of RMB2.3 bn, the highest of all the lands listed so far this year.