CapitaLand Retail China Trust enters a bundle deal in #Hohhot to divest CapitaMall Saihan and acquire a new mall in Yuquan District, optimising the portfolio with a higher quality asset that is double in size and has a longer balance tenure. Given the new mall’s higher growth potential, CRCT will be in an even stronger position to tap Hohhot’s promising retail growth. The deal will minimise income disruption as the closure and divestment of CapitaMall Saihan will take place after the new mall is operational in 2H 2020. Read more at: http://bit.ly/CRCTbundleFB #CapitaLand #China #REIT #Invest
Posted 4 months ago
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