Longfor Group, a Beijing-based property enterprise, said yesterday that it has signed a cooperation agreement with Agricultural Bank of China, one of the country's Big Four state-owned lenders.Pursuant to the agreement, ABC will provide RMB 18 billion in credit to Longfor Group.In addition, ABC will provide the...
Longfor Group, a real estate enterprise headquartered in Beijing, on May 12 acquired a piece of land for RMB 458 million in the southern area of Zhangzhuang Village, Niulanshan Town, Shunyi District, Beijing, sources reported. The land covers area of 358,530.63 square meters (sq m), of which 187,682.55 sq m...
Mar. 5, 2009 (China Knowledge) - Longfor Group, a property developer headquartered in Beijing, recorded sales revenue of RMB 720 million and transaction volume of 900 apartments in the first two months of 2009, sources reported.
COFCO Property (Group) Co Ltd<000031>, Longfor Group and Sichuan Blue Ray Industry Corp have won the bids for nearly 500 Mu of land in Chengdu, Sichuan Province for a total of RMB 4.37 billion, sources reported. Poly Real Estate Group Co Ltd<600048>, China Resources Land Ltd<1109> and China...
Longfor Group, a Beijing-based property enterprise, may be preparing for an initial public offering in Hong Kong, sources reported; a senior officer did not deny the possibility.The Hong Kong Stock Exchange's hearing on the listing of Longfor, which was to raise more than US$1 billion, was held in May last year....
Longfor Group, a Beijing-based real estate developer, on Jul. 2 announced that its sales revenue totaled nearly RMB 9.5 billion in the first half of this year, sources reported.In the first six months of this year, the real estate firm sold more than 10,000 units totaling 1.2 million square meters (sq m). In Chongqing,...
Longfor Group, a Beijing-headquartered property enterprise, recorded sales revenue of more than RMB 7 billion in the first five months of this year, with sales revenue amounting to RMB 2 billion in May alone, source reported.In the period from January to May, the real estate developer reaped RMB 2.4 billion in sales revenue...
Longfor Group, a Beijing-based real estate company, recorded sales revenue of RMB 3.53 billion in the first quarter of this year, of which RMB 505 million was earned in March, sources reported.In the period from January to March, the group鈥檚 sales revenue exceeded RMB 1 billion in Beijing and in Chongqing. In...
Longfor Group, a real estate company headquartered in Beijing, says it plans to sell its mixed-use properties in Chongqing's central district no earlier than September, contradicting rumors that the group would resell the land in the near future, sources reported.The enterprise purchased the land, which has an...
* Longfor trading at about 14 times forecast 2010 earnings * Company signed up five cornorstone investors for IPO (Adds details) HONG KONG, Nov 19 - Shares of Chinese real estate group Longfor Properties Co...