Monday, September 6, 2010

Yanlord

Yanlord: +2.2% at open, following mgt update on Chengdu developments.
Recently held the grand opening of Yanlord Landmark in Chengdu, a 210k sqm gfa integrated commercial development which comprises a mix of Grade A office space, serviced apartments, high-end shopping mall. Property has seen strong tenancy interest with occupancy at its retail mall >90% to date…

Separately, company also held the groundbreaking ceremony for its 390k sqm gfa Jinjiang Panchenggang land parcel in Chengdu, a high-end resident development.
Street mainly a mix of Buys and Holds, with targets ranging btwn $1.71-3.03.

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