C&D Property Management Group Co Ltd. announced the renewal of a lease framework agreement with Xiamen C&D Group. Under the renewed agreement, Xiamen C&D Group will lease certain properties and car parking spaces to C&D Property Management Group and its subsidiaries for office, operational, and business use. The agreement is effective from 1 January 2026 to 31 December 2028. Separate lease agreements specifying terms and conditions will be entered into by relevant subsidiaries and/or joint ventures, with transactions conducted on normal commercial terms or better, referencing prevailing market rents.
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