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CapitaLand to continue to seek opportunities in Chinese property, COO says

Posted on 21 November 2011

CapitaLand Ltd. (CAPL), Southeast Asia’s biggest developer, said it will continue to seek opportunities in China amid the government’s property curbs.
CapitaLand, with S$10.1 billion ($7.8 billion) of assets in China, will maintain a balance between commercial and residential projects, Chief Operating Officer Lim Ming Yan told reporters in Shanghai. It needs residential developments for liquidity and commercial investment properties for longer-term holdings, Lim said………………………………………..Full Article: Source


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