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CapitaLand, GIC jointly acquire Shanghai's twin towers

    Published Tue, Nov 13, 2018 · 09:50 PM

    Singapore

    CAPITAL recycling at CapitaLand moved up a gear with its latest purchase of an iconic project in China's financial city.

    South-east Asia's biggest developer, through an investment fund, is teaming up with GIC to acquire Shanghai's tallest twin towers for 12.8 billion yuan (S$2.54 billion).

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