China State Construction Development (HKG:0830) and China Overseas Land & Investment (HKG:0688) entered into a leasing framework agreement, according to a Tuesday Hong Kong bourse filing by China State Construction International (HKG:3311).
Under the contract, China State Construction Development may lease properties from China Overseas Land & Investment from time to time for three years starting July 1, 2026, and ending June 30, 2029.
China State Construction Engineering is the ultimate holding company of each of the three companies, while China State Construction International owns a 70.79% stake in China State Construction Development.