OUE REIT is selling the Lippo Plaza Shanghai for RMB1.92 billion (or about $357.4 million):

Upon the completion of the divestment, all of OUE REIT's assets are located in Singapore. These comprise four commercial properties — OUE Bayfront, One Raffles Place, OUE Downtown and Mandarin Gallery — as well as two hotels, namely Hilton Singapore Orchard and Crowne Plaza Changi Airport.