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Everbright bought land next to CapitaLand's Chongqing site

Published Wed, Jul 2, 2014 · 10:00 PM
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CHINA Everbright Limited (CEL), which recently bought a stake in Singapore-listed Chongqing developer Ying Li, also bought a piece of land late last year in Chongqing - right behind the site of CapitaLand's landmark $4.1 billion investment.

CapitaLand's sizeable commitment gave Everbright the confidence that its own investment could work out, CEL's head of real estate inve…

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