Greentown China to buy stake in Shanghai-based realty firm for $268m

Greentown China to buy stake in Shanghai-based realty firm for $268m

Hong Kong-listed property developer Greentown China has entered into an agreement to pick up a 35 per cent stake in Shanghai-based counterpart, Shanghai Zhonghan Real Estate, for 1.9 billion yuan ($268 million).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter