CapitaLand completes purchase of Chinese mall from PGIM Real Estate for $511m

CapitaLand completes purchase of Chinese mall from PGIM Real Estate for $511m

Twilight view of the Canton Tower in Guangzhou.

Singaporean property developer CapitaLand has completed the purchase of Rock Square, a retail asset located in China’s Guangzhou region, for a consideration of $511 million from PGIM Real Estate, according to a press release.

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