Sunac home sales to exceed $8.2b
(China Daily)
Updated: 2013-10-22
Sunac China Holdings Ltd, the Chinese developer in which buyout firm Bain Capital LLC has a stake, expects home sales to rise at least 11 percent this year amid strong demand from rich buyers. The developer's home sales will exceed 50 billion yuan ($8.2 billion) this year as it focuses on medium- and high-end properties in major cities including Beijing and Shanghai, Chairman Sun Hongbin told reporters in Suzhou.
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