Transactions - MAY 22, 2020

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Logan Property buys Shenzhen residential land parcel in most expensive sale

by Andrea Zander

Logan Property Holdings has paid $1.63 billion for a plot in the Qianhai financial district in Shenzhen, China, reported South China Morning Post. It is considered the most expensive residential land parcel in Shenzhen.

The plot can yield 183,000 square meters (1.97 million square feet) in gross floor area.

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