A Chengdu Rail and Jinjiang unified-development consortium bought five parcels
totaling about 195 mu in Linjiaba, Jinjiang District, Chengdu, for 4.344
billion yuan; the sale was at a 0% premium. The site comprises three residential
and two commercial-service plots, with total construction land of 130,259.1 sqm
and planned gross floor area of 311,137.29 sqm. The project must include at
at least 20,000 sqm of multi-format retail and, within three years of completion,
introduce at least two national first stores and at least five Southwest- or
Chengdu-first stores.