Real estate companies join forces
By Hu Yuanyuan / Zhao Tingting | China Daily | Updated: 2015-05-15 08:07
Dalian Wanda and China Vanke announce strategic partnership for real estate projects
Two of China's biggest property companies announced a strategic partnership on Thursday amid growing pressure from slowing real estate sales.
Dalian Wanda Group Co, China's largest commercial property group, and China Vanke Co, the country's biggest listed real estate developer by sales, plan to jointly buy land and develop real estate projects.
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