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CMA in 2.65b yuan deal for Guangzhou mall

Mall's acquisition expected to be completed by Q4 '14

CAPITAMALLS Asia (CMA) will be acquiring a new shopping mall in Guang-zhou, China with a total investment cost expected at about 2.65 billion yuan (S$541 million).

The mall will be acquired from Greenland Real Estate, a subsidiary of Shanghai-based Greenland Group, a state-owned...

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