Editorial Summary

Perfect World (Nasdaq: PWRD) has agreed to purchase a new piece of real estate for approximately RMB700 million to establish its new principal office in Beijing's Chaoyang District. Under the agreement, Perfect World is required to pay off 55 percent of the amount in the first quarter of 2008, while the balance will be paid off in large part during the second quarter. The nearly 55,000 square meter property has been purchased in order to accommodate recent expansion and staff increases, according to the company announcement.