Corporate digest

CapitaLand Mall Asia

CAPITALAND Mall Asia has inked a shopping mall management contract in Xi'an, its second in western China within a span of five months. CapitaLand will manage the mall in La Botanica - a township located in Xi'an's Chan-Ba Ecological District - that is being developed by CapitaLand-Henderson (Xi'an) Property Development, a joint venture between CapitaLand and Hong Kong-based Henderson Land. Under the contract, CapitaLand will oversee asset planning, pre-opening and retail management for a five-storey mall with gross floor area, excluding car park, of about 50,000 square metres. It is expected to be operational in 2019.

QAF Ltd