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CRCT buys Grand Canyon Mall from CMA for 1.8b yuan

Thursday, November 7, 2013 - 06:00

CAPITARETAIL China Trust (CRCT) has exercised its call option and signed a deal with CapitaMalls Asia (CMA) to buy Grand Canyon Mall in Beijing, having fulfilled two conditions for its purchase. The two conditions were for CMA to obtain approval from the Chinese government for the purchase, and

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