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COMMERCIAL PROPERTY | Staff Reporter, Hong Kong

Lifestyle International wins bid for Shanghai site

The department store operator is shelling out more than US$387 million for the deal.

A Reuters report said winning the bidding for rights at a Shanghai site will allow Lifestyle International to build a commercial complex including a department store.

The land covered an area of 50,154 square metres in Zhabei District.

View the report here.

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