Is Jinan Huilong Square an auction?

Yes The developer of Jinan Huilong Plaza failed to complete the real estate construction due to financing problems, which led to the long-term idleness of the plaza. It was auctioned on 20 19. In 20 18, China Resources Group acquired Jinan Huilong Plaza for 468 million yuan, and plans to launch comprehensive commercial, office, hotel and residential projects on this basis. Jinan Huilong Plaza is a large-scale comprehensive commercial center in Jinan City, Shandong Province, with a total construction area of 250,000 square meters, including commercial, office, hotel, residential and other formats.