CRCT to acquire three CapitaLand malls in China for $505 mil

SINGAPORE (June 11): CapitaLand Retail China Trust (CRCT) is acquiring three malls in China from sponsor CapitaLand. The three malls are CapitaMall Xuefu and CapitaMall Aidemengdun in Harbin and CapitaMall Yuhuating in Changsha. CapitaLand Retail China Trust Management Limited (CRCTML), the manager of CapitaLand Retail China Trust (CRCT), entered into an agreement with a subsidiary...