{"id":7629,"date":"2016-05-30T12:27:08","date_gmt":"2016-05-30T04:27:08","guid":{"rendered":"https:\/\/devwp.visibleone.io\/p141\/?p=7629"},"modified":"2022-03-01T16:08:29","modified_gmt":"2022-03-01T08:08:29","slug":"lkkhpg-acquires-a-land-parcel-of-over-45000-square-metres-in-guangzhouchina","status":"publish","type":"post","link":"https:\/\/devwp.visibleone.io\/p141\/lkkhpg-acquires-a-land-parcel-of-over-45000-square-metres-in-guangzhouchina\/","title":{"rendered":"LKKHPG Acquires A Land Parcel of over 45,000 Square Metres in Guangzhou,China"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;off|desktop&#8221; module_id=&#8221;#slide&#8221; _builder_version=&#8221;4.9.7&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; custom_padding_tablet=&#8221;30px||30px||false|false&#8221; custom_padding_phone=&#8221;0px||20px||false|false&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;left&#8221; collapsed=&#8221;off&#8221;][et_pb_row _builder_version=&#8221;4.9.7&#8243; _module_preset=&#8221;default&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.9.7&#8243; _module_preset=&#8221;default&#8221;][et_pb_text module_class=&#8221;f-24&#8243; _builder_version=&#8221;4.9.7&#8243; _dynamic_attributes=&#8221;content&#8221; _module_preset=&#8221;default&#8221;]@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IiIsImFmdGVyIjoiIn19@[\/et_pb_text][et_pb_text module_class=&#8221;f-20 date&#8221; _builder_version=&#8221;4.9.7&#8243; _dynamic_attributes=&#8221;content&#8221; _module_preset=&#8221;default&#8221;]@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9kYXRlIiwic2V0dGluZ3MiOnsiYmVmb3JlIjoiIiwiYWZ0ZXIiOiIiLCJkYXRlX2Zvcm1hdCI6ImRlZmF1bHQiLCJjdXN0b21fZGF0ZV9mb3JtYXQiOiIifX0=@[\/et_pb_text][et_pb_text module_class=&#8221;f-20 category&#8221; _builder_version=&#8221;4.9.7&#8243; _dynamic_attributes=&#8221;content&#8221; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9jYXRlZ29yaWVzIiwic2V0dGluZ3MiOnsiYmVmb3JlIjoiIiwiYWZ0ZXIiOiIiLCJsaW5rX3RvX3Rlcm1fcGFnZSI6Im9uIiwic2VwYXJhdG9yIjoiIHwgIiwiY2F0ZWdvcnlfdHlwZSI6ImNhdGVnb3J5In19@[\/et_pb_text][et_pb_text module_class=&#8221;f-20&#8243; _builder_version=&#8221;4.9.7&#8243; _module_preset=&#8221;default&#8221;]<\/p>\n<p>On 30 May 2016, LKK Health Products Group Limited (\u201cLKKHPG\u201d) acquired a land parcel (No. AB2910019) with the bid of RMB 2.01 billion in Baiyun New Town, Guangzhou by means of open tender through its member\u00a0Guangdong Infinitus Property Development Company Ltd.<\/p>\n<p>The land parcel has a site area of approximately 45,280 m\u00b2 and a total gross floor area of approximately 160,000 m\u00b2. Located in Baiyun New Town, the modern ecological commercial and cultural centre of Guangzhou, the land parcel faces Yuncheng East Road on the east, Yuncheng West Road on the west, Yuncheng South 1 Road on the south and Yuncheng South 2 Road on the north.<\/p>\n<p>Adjacent to Baiyun Wanda Plaza and Baiyun International Conference Centre, the land parcel is also accessible by a well-developed road network, and it is close to the Feixiang Park station of Metro Line 2 and only 30-minute-drive away from Guangzhou Baiyun International Airport. The surrounding commercial property development has already been mature, but still boasts huge potential for development.<\/p>\n<p>Approximately RMB 4.5 billion will be invested to complete a commercial development project featuring flexible asset structures. The project includes office buildings, a R&amp;D centre, a Chinese herbal medicine research and safety assessment\u00a0centre, and shops. The project also takes the flexibility of owner-occupying and rent-for-investment into consideration.<\/p>\n<p>Mr. Harry Yeung, Senior Vice President of LKKHPG, said, \u201cThe land parcel in Baiyun New Town will satisfy the office and business\u00a0needs of LKKHPG in\u00a0Chinese mainland for the next\u00a010 to 15 years. This will lay a solid foundation for each business unit\u2019s rapid development.\u201d<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 30 May 2016, LKK Health Products Group Limited (\u201cLKKHPG\u201d) acquired a land parcel (No. AB2910019) with the bid of RMB 2.01 billion in Baiyun New Town&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2595,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[59],"tags":[],"post_types_custom":[50],"featured_image":"https:\/\/devwp.visibleone.io\/p141\/wp-content\/uploads\/2021\/08\/1-57.jpg","download":false,"categories_name":[{"name":"Lee Kum Kee Group","slug":"lee-kum-kee-group","id":59,"link":""}],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - 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