Beijing Urban Construction Investment & Development Co.Ltd(600266) announced on February 17 that on February 16, the company received the confirmation of listing and transferring the use right of state-owned construction land in Beijing (jtcgh (Feng) [2022] No. 003), Beijing urban construction Xinghua Real Estate Co., Ltd., a wholly-owned subsidiary of the company, won the use right of state-owned construction land for 2502-0030 and 2505-0031 plots of f81 green industrial land and R2 class II residential land (equipped with “indemnificatory rental housing”) for phase III land development of Dajing new village, Lugouqiao street, Fengtai District, Beijing at the price of 2.63 billion yuan. The project is located in Lugouqiao street outside the West Fourth Ring Road, south of Qingta business district, with a construction land area of 47200 m2 and a planned construction area of 119500 m2.
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