| The Singapore-led group that won a tender for a large site in the western Chinese city of Chongqing will spend a total of 21.1 billion yuan ($3.31 billion) on what it hopes will become one of the most prominent projects in China, lead developer CapitaLand Ltd said on Tuesday.
CapitaLand, together with shopping mall arm CapitaMalls Asia , announced earlier on Tuesday that they were part of a consortium that had been awarded a 91,783 square metre site next to Chongqing's central business district for S$1.28 billion ($985.30 million)...............................................Full Article: Source
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