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CapitaLand: Bolsters Core City Clusters Strategy In China With Addition Of 1.2 Million sq ft Retail GFA In Guangzhou & Chengdu.
19 Jun 2018 10:09CapitaLand Retail, CapitaLand's wholly owned shopping mall business, announced that it has clinched two new management contracts in China. In Guangzhou, CapitaLand will be adding its first managed mall to its fast-growing portfolio comprising CapitaMall SKY+ and CapitaMall Rock Square, which it completed acquisition in January 2018. In Chengdu, CapitaLand will be expanding its market-leading network of malls to seven with the addition of its second managed mall. These partnerships deepen CapitaLand's presence in two of China's fastest-growing cities and fortify its retail network by adding over 1.2 million square feet of Gross Floor Area excluding car park...
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Source: ShareInvestor Express
