21 April 2017
Vanke homes in on Lianjia in $436m deal
Online and offline real estate agent Lianjia has now raised near to $1.8bn in the past year, with property developer and strategic partner China Vanke its latest investor.
Author: Robert Lavine, News Editor
Property developer China Vanke has agreed to invest RMB3bn ($436m) in Lianjia, the China-based online real estate portal also known as Homelink, through a private placement, Reuters reported yesterday.