<div id="readability-page-1"><div><p>[SINGAPORE]  Ho Bee Land  has acquired five residential development sites in Australia for A$96.6 million (S$82.3 million), in line with its aim to develop master-planned communities in Queensland and Victoria.</p><p>The sites are expected to yield around 1,079 residential lots, the mainboard-listed property player said in a bourse filing on Wednesday (Nov 12).</p><p>Three of the sites are in Queensland. One of them is a 7.69-hectare (ha) site in Ripley, between the economic hubs of Springfield and Ipswich. </p><p>“Ripley Valley is one of Australia’s largest priority development areas, with the evolving satellite city offering a mix of residential, retail, business, and recreational spaces,” Ho Bee said in its filing.</p><p>The others are a 21.99-ha site at South Ripley, earmarked for infrastructure enhancements, and a 5.56-ha site at Park Ridge, less than 40 km from Brisbane’s central business district. </p><p>The Victoria sites are a 15.75-ha one in Donnybrook, and a 23.59-ha one in Batesford. The latter will yield 374 residential lots, together with a primary school, community facilities and park land.</p><p>The developments will be financed by Ho Bee’s internal funds and bank borrowings. They are not expected to have any material impact on earnings for the financial year ending Dec 31. </p><p>Ho Bee shares ended Wednesday flat at S$2.23.</p></div></div>

和美置地

<p>和美置地在澳大利亚收购了五个住宅开发用地，交易金额为 9660 万澳元，旨在开发昆士兰州和维多利亚州的总体规划社区。这些用地预计将产生约 1079 个住宅地块。其中三个用地位于昆士兰州，包括一个位于 Ripley 的 7.69 公顷的重要用地。该开发项目将通过内部资金和银行借款进行融资，对截至 12 月 31 日的财年收益没有重大影响。和美置地的股票收盘持平，报 2.23 新元</p>

和美置地以 9660 万澳元收购了五个澳大利亚住宅用地