Temasek-owned Surbana Jurong partners Vanke for China projects

Vanke’s Jianzhou Dream Town will be first joint project by Surbana Jurong and Vanke.

Urban development group Surbana Jurong has signed a deal with a unit of mainland real estate developer China Vanke to jointly develop industrial new towns in China, the Temasek-owned developer said in a statement.

Under the agreement, Surbana and Vanke Industrial Town (Vanke) will jointly develop industrial new town projects in China’s midwest regions.

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