By Quynh Nguyen
The move is a part of its full divestment in Vietnamese property developer Quoc Loc Phat Joint Stock Company.
Singapore’s TEE Land will be acquiring a freehold land along Upper East Cost Road for $43.86 million.
Last month, CCT had acquired a 94.9 per cent stake in Frankfurt-based commercial property, Galileo, for $414.9 million.
The acquisition will add over 2,100 units to CapitaLand’s residential pipeline in China and double its retail network in Chongqing.
Spain becomes the 13th international market for Revolution Precrafted, which is in the middle of a global expansion spree.
IREO Management engaged in a billion-dollar criminal conspiracy involving shadow companies, dumped documents and “astonishing theft,” according to Axon Capital and Christopher Hohn’s Children’s Investment Fund Foundation.
Earlier this month, the company announced the acquisition of an under-construction mall in Lucknow for $66 million.
The move will enable consolidation of interest and decision-making within a single entity in ARA.
The acquisition follows InfraRed NF’s recent appointment of two investment directors in Shanghai as part of efforts to expand operations in China.
LaSalle is banking on the rapid growth of inbound tourism to Japan in the next few years, where hotels near major tourist attractions are expected to benefit from the trend.