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K Wah to invest $1.55b for residential-commercial project in Nanjing
Transactions - FEBRUARY 10, 2021

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K Wah to invest $1.55b for residential-commercial project in Nanjing

by Andrea Zander

K Wah International Holdings has plans to invest 10 billion yuan ($1.55 billion) in a proposed residential-commercial project in Nanjing, the capital of China’s Jiangsu province, reported South China Morning Post.

According to Eugene Tang Yue-chung, general manager for development and operations for Shanghai region at K Wah, the project in Nanjing would be developed in phases over seven to eight years and could yield a total gross floor area of 5.13 million square feet.

Nanjing is located 186 miles up the Yangtze River from the city of Shanghai.

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