Kerry buys prime resort sites in West Lake region

Kerry Properties yesterday snapped up five commercial and residential sites in Hangzhou for 2.5 billion yuan (HK$3.1 billion), continuing its aggressive acquisition of mainland sites in recent months.

The developer bought the three residential and two commercial sites in West Lake district's Zhijiang Resort Area at an auction.

via Business feed http://www.scmp.com/business/china-business/article/1065381/kerry-buys-prime-resort-sites-west-lake-region