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CDL buys 24% stake in China co-working space operator Distrii

Distrii's flagship and largest co-working facility at Suhe Center in Jing'an, Shanghai, occupies three floors with 4,200 square metres.


SINGAPORE-LISTED property group City Developments Limited (CDL) has signed an agreement to invest 72 million yuan (S$14.8 million) for a 24 per cent stake in Distrii, an operator of co-working spaces in China.

Distrii, making its first foray outside China, will be leasing...

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