SINGAPORE (June 28): CapitaLand, through CapitaLand Mall Asia, is accelerating its shopping mall network expansion in China with three management contracts.

These deals add more than 115,000 sqm of Gross Floor Area (GFA), excluding car park, to CapitaLand’s retail footprint and entrench the group’s presence in Chengdu, Foshan and Shanghai, which are among China’s 10 largest cities.

In Chengdu, CapitaLand has been commissioned by Sichuan Da Yi Real Estate Co. to manage the retail component of Leshijie, an integrated development in the up-and-coming Pidu district.

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