Posted Oct 12, 2016, 12:07 AM
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Registered User
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Join Date: Jul 2001
Location: Vancouver
Posts: 41,487
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Quote:
TransLink mega land deal details revealed
$450 million sale of Oakridge Transit Centre is 2016’s second-biggest public land deal in B.C.
By Frank O'Brien and Bob Mackin | Oct. 11, 2016, 7:15 a.m.
TransLink has sold its Oakridge Transit Centre in Vancouver to a consortium of investors that includes Vancouver developer Intergulf and Richmond-based Kunyuan International Group, a company linked to China-based investors.
A third party remains unconfirmed but is said to be Beijing-based Modern Green Development Co. Ltd., operating as Modern Investment Group.
The sale price for the 13.8-acre (5.6 hectare) site on West 41st Avenue is between $425 million and $450 million, sources have told Business in Vancouver.
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https://www.biv.com/article/2016/10/translink-mega-land-deal-details-revealed/
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