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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.