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ByteDance acquires Beijing Olympic Park plot for 2.613 billion yuan at reserve price
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On September 21, Beijing Yunrui Changshi Technology Co., Ltd., a wholly-owned subsidiary of Beijing Zitiao Network Technology Co., Ltd., which is ultimately controlled by Douyin Group (Hong Kong) Limited, acquired the OS-15 land plot in the southern area of Beijing's Chaoyang District Olympic Park at the reserve price of 2.613 billion yuan. The land area is approximately 22,400 square meters, with a planned construction area of about 91,700 square meters. The land is designated for commercial financial use (code 0902). The transaction was reported by Beijing Business Today and aggregated by Jin10 Data.
Source report
September 21 — The OS-15 plot within the Southern Olympic Park primary land development project in Beijing's Chaoyang District has been acquired by Beijing Yunrui Changshi Technology Co., Ltd. at a reserve price of 2.613 billion yuan.
According to corporate registry data from Tianyancha, Beijing Yunrui Changshi Technology Co., Ltd. is wholly owned by Beijing Zitiao Network Technology Co., Ltd. Following a full equity chain analysis, the ultimate controlling entity is Douyin Group (Hong Kong) Limited.
The land transfer documents indicate that the Olympic Park plot covers an area of approximately 22,400 square meters, with a planned gross floor area of about 91,700 square meters. The land is designated for 0902 commercial financial use.
(Source: Beijing Business Today)
Source
金十数据Neutral / independent
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ByteDance affiliate acquires Beijing Olympic Park land for 2.613 billion yuan