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Mapletree Greater China buys plaza in Shanghai

Mindy Tan

Mindy Tan

Published Mon, Jun 15, 2015 · 09:50 PM

Singapore

MAPLETREE Greater China Commercial Trust (MGCCT) has acquired Sandhill Plaza in Shanghai for about S$402 million from MSREF VII Leaphart BV.

The purchase consideration is some 1.89 billion yuan (S$412.2 million) if working capital adjustments attributable to entities being acquired in the transaction are included, said MGCCT Management.

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