As others scale back, Singaporean property developer expands in China

As others scale back, Singaporean property developer expands in China

--File--The signboard of Capitaland is seen in front of the Raffles City building in Shanghai, China, 23 March 2010. CapitaLand China, an affiliate of Singapores CapitaLand Group, one of Southeast Asias largest property developers, signed an agreement last month with the government of Yuzhong district in Chongqing to invest 21.1 billion yuan (US$3.35 billion) for the construction of eight skyscrapers - covering 810,000 square meters - in the city. The deal is the largest property investment Chongqing has seen in 10 years, and the largest investment made by any Singaporean enterprise in China. In November 2011, Capital China and a holding company jointly bought 91,800 sq m of land in a prime section of the Chaotianmen area in Chongqing for 6.536 billion yuan (US$1.04 billion). A large city complex for leisure, tourism, shopping and business is planned for the plot. The city complex will include a four-story shopping center and eight buildings for residential units, offices and hotel-style apartments. CapitaLand chief operating officer Lim Mingyan said his company has entered the deal in order to fulfill its ambition of globalizing its operations and due to its high confidence in Chongqings business outlook. ( automatický překlad do češtiny  ) ( zobrazit originální popisek v angličtině )
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Místo pořízení:Shanghai, China
Datum vytvoření:13.2.2012
Datum uploadu:26.3.2012
Kolekce: Zobrazit všechny snímky
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Model release:Není k dispozici
Property release:Není k dispozici
Max. dostupná velikost:načítá se...
Typ licence:Rights-managed
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