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CapitaLand acquires prime mixed-use site in Chongqing worth 5.7b yuan

One of the brownfield sites of CapitaLand's newly acquired 32-hectare prime mixed-use site in Chongqing. As at end-March 2018, China accounted for 37% of CapitaLand group's total assets.


CAPITALAND has acquired all the shares in a company that owns a 32-hectare prime mixed-use site in Chongqing, in a move that will boost its residential pipeline in China by more than 2,100 units.

The amount payable is 2.2 billion Chinese yuan (S$454.3 million), which...

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