CapitaLand REIT acquires China shopping mall in Chengdu for US$226 million

CapitaLand Retail China Trust Management Limited, the manager of CapitaLand Retail China Trust (CRCT), announced that HSBC Institutional Trust Services (Singapore) Limited, the trustee of CRCT, has entered into a sale and purchase agreement to acquire a shopping mall, currently known as Galleria, Chengdu. The mall is strategically located in the Xinnan Tiandi retail precinct …