Vanke cuts property prices in Shanghai

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Friday, July 18, 2008 21:01:37

	Vanke cuts property prices in Shanghai By STAFF EDITOR Published: February 18, 2008 12:00 PM China Vanke, the country’s largest listed property developer, is to offer a 5% discount on its projects in Shanghai from Thursday, the Xinmin Evening News reported. The Shenzhen-based developer is among the first developers to offer promotions to boost sales in response to a sluggish nationwide market induced by tightened central government policies. Sales of new residences ... You are currently reading 59 words of 181 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: Shanghai , property , development , china , US , real estate , chengdu , residential , Shenzhen , Vanke	More Articles in Real Estate > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Shanghai property market down in early July Shanghai Tongji to raise US$73m through share placement CREO acquires prime Shanghai building for US$174m Greenland to spend US$1b in Shanghai development Citychamp Dartong takes full control of property subsidiary Shenzhen property developer acquires Jiangxi province firms China Merchants Property wins approval for US$1.17b share issue

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