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
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