Fangyu Holdings, a unit of 01966.HK, has announced that it has reached a co-operation agreement with investment group KKR to acquire a landmark rental apartment project in Beijing. The project is a large rental apartment community with more than 3000 households, located on top of the double Railway TOD.
Chen Jian, chief executive of Fangyu Holdings, said he would continue to help investors achieve better value returns by investing in large-scale projects in strategic locations. (ek/u)
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