Shanghai Mingchang Properties (SHMC)

M&A

CapitaLand to buy commercial site next to recently-acquired Innov Center in Shanghai for $171 mil

SINGAPORE (Dec 19): CapitaLand announced that its wholly-owned business unit, CapitaLand China, is acquiring Shanghai Mingchang Properties (SHMC) for RMB838 million ($171 million).
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