China Real Estate Opportunities Ltd
07 December 2007
07 December 2007
China Real Estate Opportunities Limited ("CREO" or the "Company")
The Board of Directors of CREO are pleased to announce that a number of
re-lettings have successfully been made in respect of office and retail units at
City Centre 1 and Central Plaza , Shanghai, two of the Company's core investment
assets. Since these properties were acquired in July, proactive management has
delivered strong performance and over the past two months renewals have been
achieved in respect of 15 units and the average premium achieved on these
re-lettings has been 18 per cent.
Enquiries to:
CREO
Richard Barrett Tel: + 862 1 5385 8369
Landsbanki Securities (UK) Limited Tel: + 44 (0) 20 7426 7736
Paul Fincham
Jonathan Becher
Robert Naylor
Bankside Consultants Ltd Tel: + 44 (0) 20 7367 8888
Simon Rothschild
Oliver Winters
Murray Consultants
Ed Micheau Tel: + 353 1 498 0300
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