CapitaRetail China To Buy Beijing Mall For $336m

Source : The Business Times, October 18, 2007

CapitaRetail China Trust, a shopping mall trust managed by Singapore developer CapitaLand, said on Thursday it plans to buy a mall in Beijing for $336 million (US$230 million).

Related Link - http://tinyurl.com/2uwmvs
CapitaRetail China Trust's news release

The Xizhimen Mall, located near Beijing's west second ring road in Xicheng district, is held by CapitaLand's CapitaRetail China Incubator Fund.

The mall has a gross rentable area of 73,857 sq m. -- REUTERS