Sunac China to acquire 6.25% of realty service provider Homelink for $375.4m

Sunac China to acquire 6.25% of realty service provider Homelink for $375.4m

Chinese property developer Sunac China Holdings, through its Sunac Real Estate subsidiary, will purchase a 6.25 per cent stake of VC-backed O2O real estate services platform Homelink for RMB2.6 billion ($375.4 million) by way of capital increase, the company said in a January 9 announcement.

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