Xinyuan takes 50 percent stake in London's Madison Project
Xinyuan Real Estate, a real estate developer and property manager operating mostly in China and also in other countries, has acquired a 50 percent equity stake in London-based Madison Project for a consideration of 29.11 million pounds (about $40.9 million). The Madison Project is a site that will develop a 53- story building comprised of 423 residential apartments. Construction is expected to be completed for the third quarter of 2020.
21 March 2018•3 mins read
