SUBSCRIBERS
CRCT, CapitaLand to buy RMB3.36b mall in Guangzhou
Published Tue, Nov 28, 2017 · 09:50 PM
Singapore
CAPITALAND and its sponsored real estate investment trust CapitaLand Retail China Trust (CRCT) have formed a joint venture (JV) to acquire all the shares in a company that owns Rock Square mall in Guangzhou's Haizhu District.
The total purchase consideration payable is about RMB3.36 billion (S$688.9 million).
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
Hong Kong bourse regains favour on hopes of a market revival
Chinese sellers go to TikTok school to reach buyers abroad
Gold prices set for weekly decline ahead of US inflation data
Huawei’s new phone sports latest version of made-in-China chip
Meta’s earnings flop sparks US$400 billion sell-off in tech stocks