You are here

CapitaLand wins bid for prime Guangzhou site while expanding footprint

The mixed-use 4.7ha asset sits in a China govt-backed innovation and technology hub

BT_20181113_NRCAP13_3615321.jpg
The greenfield site in Huangpu District is located within the government-backed Guangzhou Science City. CapitaLand will have a diverse pipeline in Guangzhou, coming onstream between 2021 and 2022.

Singapore

CAPITALAND has won a prime mixed-use, 4.7 hectare site in Guangzhou, China, for 882 million yuan (about S$175 million) as it continues to expand its footprint in Guangzhou.

The property developer holds a 75 per cent stake in the development, with the remainder held by an...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes