CapitaLand to acquire office site in Shanghai for 838m yuan
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Singapore
CAPITALAND China, a wholly owned unit of CapitaLand, has entered into a conditional agreement with an unrelated party to acquire a commercial site in Wujiaochang decentralised business district, Shanghai, for 838 million yuan (about S$171 million).
The site is next to CapitaLand's Innov Center, an operational office with ancillary retail that was acquired in June 2017.
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