Yuexiu Property maps growth path

Yuexiu Property failed to attract much attention from investors in the past few years despite revealing in 2009 its plan to be a nationwide developer.

That was until about six months ago, when the company announced the aggressive step of injecting its core commercial asset - Guangzhou International Finance Centre - into its 35.58 per cent-owned Yuexiu Real Estate Investment Trust for 13.44 billion yuan (HK$16.7 billion).

via Business feed http://www.scmp.com/business/companies/article/1085591/yuexiu-property-maps-growth-path