CapitaLand celebrates 10 years in India with new malls and serviced residence management contracts

SINGAPORE (Oct 6): Prime Minister Lee Hsien Loong on Wednesday visited CapitaLand’s The Celebration Mall, Udaipur as the real estate group celebrated its 10th year in India.

To mark the occasion, CapitaLand announced plans to open two more malls in India over the next three years. The two upcoming malls – Forum, Mysore and Forum, Cochin – will be opened next year and in 2019, respectively.

“In Asia, India is the next big retail prize after China,” says Jason Leow, CEO of CapitaLand Mall Asia, CapitaLand’s wholly-owned shopping mall business. “As one of Asia’s leading shopping mall developers, owners and managers, we are able to leverage our retail expertise and industry leading network of about 15,000 leases to support local and international retailers who are keen to do business in India.”

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