Parkson Retail Group Secures Liupanshui Property Lease After Ownership Transfer

Reuters
2025.11.17 09:10
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Parkson Retail Group Ltd. announced that Bank of Guizhou Co., Ltd., Liupanshui Branch, acquired ownership of Shops 101 and 201 in Baolong International Building, Guizhou, after a failed auction for debt settlement. This acquisition ensures the continued lease and operation of Parkson's department store at the location. The total area involved is approximately 8,298.51 square metres.

Parkson Retail Group Ltd. announced that Bank of Guizhou Co., Ltd., Liupanshui Branch, has acquired ownership of Shops 101 and 201 in Baolong International Building, Liupanshui City, Guizhou Province, following a failed auction for debt settlement. The acquisition involves a total gross area of approximately 8,298.51 square metres and ensures the continued lease and uninterrupted operation of Parkson’s department store at the location. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parkson Retail Group Ltd. published the original content used to generate this news brief on November 17, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here