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CRCT to buy mall in Chengdu shopping belt for 1.53b yuan

Trust enters into agreement to buy BR Spicy (HK), which holds Galleria mall

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GALLERIA MALL: The six-storey mall in south Chengdu has a gross floor area of about 53,619 square metres (excluding the car park) and 900 car park spaces. As at end-May, it was fully occupied

Singapore

CAPITALAND Retail China Trust (CRCT) is acquiring a shopping mall in Chengdu for some 1.53 billion yuan (S$310.4 million), which will take the number of malls in its portfolio to 11.

Galleria mall is located in the Xinnan Tiandi retail precinct of Gaoxin District in south