Others News
- CapitaLand buys malls in China
Date: 17-Jan-2007 Sources: (Shenzhen Daily)
CAPITALAND, the biggest Southeast Asian developer, said Monday that its fund signed agreements to buy malls in China with assets of about US$1.34 billion to tap rising consumer demand.
The 35 malls will add 1.5 million square meters of retail space to the CapitaRetail China Development Fund, doubling its assets, CapitaLand said in a statement to the Singapore exchange.
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