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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

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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...

sentifi.com

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