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CRCT, CapitaLand to buy RMB3.36b mall in Guangzhou

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Kalpana Rashiwala

Kalpana Rashiwala

Published Tue, Nov 28, 2017 · 09:50 PM

    Singapore

    CAPITALAND and its sponsored real estate investment trust CapitaLand Retail China Trust (CRCT) have formed a joint venture (JV) to acquire all the shares in a company that owns Rock Square mall in Guangzhou's Haizhu District.

    The total purchase consideration payable is about RMB3.36 billion (S$688.9 million).

    CapitaLand

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