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Singapore's CapitaLand sells China property for $352 mln

SINGAPORE
Wed Sep 3, 2008 8:01am EDT

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SINGAPORE (Reuters) - Southeast Asia's largest property developer CapitaLand (CATL.SI) said it has sold a property in China for $352 million.

China

The sale of the Capital Tower Beijing, which comprises two office towers with a gross floor area of 107,627 square metre, will yield a gain of S$163 million ($113.9 million), CapitaLand said.

(Reporting by Koh Gui Qing;Editing by Saeed Azhar)
China


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