ICBC International Investment Management

Straits Trading unit enters JV to acquire Shanghai mall for $469.5 mil

Property

Straits Trading unit enters JV to acquire Shanghai mall for $469.5 mil

SINGAPORE (Dec 18): The Straits Trading Company is taking up a 37.7% stake in a joint venture with ARA Asset Management and ICBC International Investment Management to acquire a retail mall in Shanghai, China for RMB 2.42 billion ($469.5 million), the gro
×