Photo by Qilai Shen/Bloomberg
The Chinese property giant acquired a portfolio of 20 shopping malls across 19 cities in China from Singaporean developer CapitaLand.
October 12, 2018 at 11:53 AM
1 minute read
The original version of this story was published on Law.com
Paul Hastings has advised property giant China Vanke Co. Ltd. on a $1.33 billion acquisition of shopping malls from Singaporean developer CapitaLand Ltd.
Shenzhen-based Vanke, through its shopping mall operating arm SCPG Holdings Co., teamed up with Chinese private equity firm HOPU Investment and bought 20 shopping malls, a combined area of 950,000 square meters across 19 Chinese cities, mostly third- and fourth-tier cities.
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