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Mixed-use project starts
By Cherry Cao |
March 19, 2013, Tuesday
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Print Edition
Print Edition
MAPLETREE Investments Pte, the Asia-focused real estate development, investment and capital management company, yesterday launched a 5 billion-yuan (US$796 million) mixed-use project in Shanghai's Minhang District as the company further expands its presence in its second-largest overseas market.
The largest single investment to date by Mapletree in China, the three-phase, 300,000 square-meter landmark project in Xinzhuang, will consisit of Mapletree Business City, a 200,000 square-meter Grade A office complex, and VivoCity, a shopping and lifestyle destination mall.
The largest single investment to date by Mapletree in China, the three-phase, 300,000 square-meter landmark project in Xinzhuang, will consisit of Mapletree Business City, a 200,000 square-meter Grade A office complex, and VivoCity, a shopping and lifestyle destination mall.
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