Asia
Huaku Development Signs NT$4.73 Billion Housing, Parking Project Deal
Huaku Development (TPE:2548) signed a joint construction and housing allocation deal, with the company's investment of about NT$4.73 billion according to a Tuesday Taiwan Stock Exchange filing.The New Taipei project will be developed into residential units for sale or rent, along with parking facilities.Under the terms, the landowners will be allocated between 36% and 37% of the completed real estate assets, while Huaku Development will retain the remaining 63% to 64% share of the property allocation.
TPE:2548
