REIT Oracle

CapitaLand Retail China Trust Selling Wuhan Property

in Company news

CapitaLand Retail China Trust is announcing the sale of CapitaMall Minzhongleyuan, one of its asset in Wuhan. Built in 1919, the heritage building is sold for 256 million Yuan (about S$52.6 million). The manager expects no material effect on NAV or DPU.