SUBSCRIBERS
ARA fund to invest in Shanghai property worth 20b yuan
Published Wed, Oct 26, 2016 · 09:50 PM
Singapore
ARA Asset Management on Wednesday said it would set up a fund, ARA Harmony VI, to invest in a China commercial property worth 20 billion yuan (S$4.1 billion).
The property is a newly completed premium-grade integrated commercial property located in the heart of Lujiazui Finance and Trade Zone in Pudong New District, Shanghai, China.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
OpenAI inks licensing deal with People magazine publisher
Apple unveils new AI-focused chip in upgraded iPad Pro models
DBS CEO Piyush Gupta sells S$2.7 million worth of bank shares
Disney's surprise streaming entertainment profit offset by weaker TV business
Geely, Foretellix partner to jump-start self driving car development
US: Wall Street opens slightly higher on rate cut optimism