Tuesday, December 7, 2010

Shanghai real estate enterprises to speed up restructuring

Housing prices in Shanghai restructuring state-owned enterprises started a long time, the Mainland, "the Oriental Morning Post" means the Shanghai real estate enterprises to accelerate restructuring.

Reports said under the name of state-owned assets in Shanghai to grasp the group up to the Secretary for real estate resources, in addition to the ongoing liquidation of assets of the Shanghai Real Estate Group, there is Shanghai City, Shanghai Industrial Investment Group and the Group.

Report said that the Shanghai City under the name of the city vote Investment Group Holdings complete the real estate business integration. The end of October this year, the Shanghai office held by the agricultural population of residential options were transferred to the Greenland Group, Shanghai SASAC, while the Greenland Group, Shanghai SASAC party to party relationship adjustment. After another year of progress as well Shanghai Industrial (363.hk).

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