CapitaLand sells 20 China malls to Vanke unit for $1.29b

CapitaLand
CapitaMall, Chengnanyuan, China. Source: CapitaLand

CapitaLand, one of Asia’s largest real estate companies, is selling its interest in 20 retail shopping malls in China for a combined consideration of Rmb8.37 billion ($1.29 billion), it announced on Friday.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe