Vanke Overseas Investment Signs New Management Services Framework Agreement

Reuters
Oct 28
<a href="https://laohu8.com/S/01036">Vanke Overseas</a> Investment Signs New Management Services Framework Agreement

Vanke Overseas Investment Holding Co. Ltd. has announced the entering into a new Management Services Framework Agreement. Under this agreement, its wholly-owned subsidiary Vanke Best Company Limited (VOI VBC) will provide management services to Vanke Property (Hong Kong) Company Limited (VPHK), an indirect wholly-owned subsidiary of China Vanke and the controlling shareholder of the company, as well as other subsidiaries of China Vanke. The management services will cover real estate development, investment, and management projects in the United Kingdom, the United States, and Hong Kong, excluding investments in funds managed by independent third parties. The agreement sets a long stop date of 31 December 2025, with the possibility of extension by mutual agreement.

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