KaiLong Acquires Zhongguancun Project in Beijing

AUG 2016

KaiLong Investment (KaiLong) is pleased to announce it has jointly acquired an en-bloc R&D office building located at Zhongguancun Software Park, No.8 Northeast Wangxi Road, Haidian District in Beijing, together with a business partner. The property has a total GFA of 31, 427 square meters. It is situated in Zhongguancun Software Park, an established business district that is known as China’s Silicon Valley.
The acquisition is consistent with KaiLong’s strategy of acquiring high-quality properties that offer strong rental growth potential. Including this acquisition, KaiLong has invested in 31 real estate projects valuing over USD1.56 Billion.



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