Guangzhou-based property developer Evergrande Real Estate has decided to invest Rmb10bn in a mixed use development project in Wuhan, Hubei province. Situated in the city’s Qiaokou district, the 76-hectare project will include residential properties, hotels and an exhibition centre.
Evergrande is currently working on four other projects in Wuhan, all residential developments, according to the report in the Chinese website Guandian.cn.