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CapitaLand unveils mall management strategy

Deal to manage mall in Changsha marks asset-light strategy to expand retail footprint

Published Wed, Aug 31, 2016 · 09:50 PM

Singapore

CAPITALAND is expanding into third-party retail mall management, a move which analysts say can boost profitability but may lead to brand dilution if not executed well.

The property giant said on Wednesday that CapitaLand Mall Asia, its wholly owned shopping mall business subsidiary, has signed its first third-party management contract to manage the retail component of a China integrated development.

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