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CRCT to buy mall in Chengdu shopping belt for 1.53b yuan
Trust enters into agreement to buy BR Spicy (HK), which holds Galleria mall
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Nisha Ramchandani
Published Fri, Aug 19, 2016 · 09:50 PM
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Singapore
CAPITALAND Retail China Trust (CRCT) is acquiring a shopping mall in Chengdu for some 1.53 billion yuan (S$310.4 million), which will take the number of malls in its portfolio to 11.
Galleria mall is located in the Xinnan Tiandi retail precinct of Gaoxin District in south Chengdu, which is a major shopping belt.
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