HENDERSON Land Development Co is planning to invest six billion yuan (US$785 million) in property projects in Shenyang, northeastern Liaoning Province, Wen Wei Po said yesterday, citing Executive Director John Yip Ying-chee.

Henderson will invest about four billion yuan in an office development in Shenyang's financial district, the Hong Kong-based, Chinese-language newspaper said. The 400-meter-tall tower will have 430,000 square meters of floor area, it said. The company will also invest about two billion yuan in a serviced apartment project with gross floor area of 460,000 square meters, Wen Wei Po said.