China Vanke Buys 20 Malls from CapitaLand for $1.3 Billion

Posted on 01/10/2018


On January 5, 2018, it was revealed that SCP Group – the commercial unit of real estate developer China Vanke Co. – has reportedly bought stakes in 20 shopping malls in China from Singapore-based CapitaLand Ltd. in a deal estimated to be worth some CNY 8.4 billion (US$ 1.3 billion) that remains subject to final […]