CapitaLand China Trust (CLCT) has confirmed the final terms of its participation in CapitaLand Commercial C-REIT.
The Singapore-listed REIT is set to divest CapitaMall Yuhuating for RMB813.8 million (approximately SGD146.8 million) whilst acquiring a 5.0% strategic stake in the newly established Chinese REIT.
Related: CapitaLand Commercial C-REIT set to become China’s first international-sponsored retail REIT
Dear members, please login to continue reading this article.
Login or sign-up for a free 25-day trial here. Why subscribe?