JRE: Greentown China to buy stake in Shanghai-based realty firm for $268m
Hong Kong-listed property developer Greentown China has entered into an agreement to pick up a 35 per cent stake in Shanghai-based counterpart, Shanghai Zhonghan Real Estate, for 1.9 billion yuan ($268 million).
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Joanna Real Estate is a real estate agency that engages in buying, selling and renting residential properties.
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