CapitaLand divests partial stake in six Raffles City projects in China

CapitaLand divests partial stake in six Raffles City projects in China

Raffles City Changning / Source: CapitaLand

Singapore real estate giant CapitaLand is selling partial stakes in a group of companies that own six of its Raffles City developments in China to Ping An Insurance for 46.7 billion yuan.