Lujiazui, Shanghai’s central business district. The deal for Pufa Tower is CapitaLand’s first foray in the area. Photo: Bloomberg

Debt-laden conglomerate HNA sells space in Shanghai tower to Singapore’s CapitaLand for US$400 million

  • Property giant CapitaLand forms joint venture for acquisition in Shanghai’s central business district
  • HNA is expected to be more flexible in deal making
Topic |   HNA Group

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Lujiazui, Shanghai’s central business district. The deal for Pufa Tower is CapitaLand’s first foray in the area. Photo: Bloomberg
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