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China Property Giant China Vanke Sells Remaining 50% of Shanghai Retail Complex Qibao Vanke Plaza to Hong Kong-Listed Link Reit for $334 Million, Link Reit is Asia Largest Real Estate Investment Trust & Acquired 50% of Qibao Vanke Plaza from Singapore GIC in 2021
10th February 2024 | Hong Kong
China property giant China Vanke has sold the remaining 50% of Shanghai retail complex Qibao Vanke Plaza to Hong Kong-listed Link Reit for $334 million (CNY 2.38 billion). Link Reit is Asia’s Largest Real Estate Investment Trust (REIT), and had acquired 50% of Qibao Vanke Plaza from Singapore GIC in April 2021 for CNY 2.77 billion.
“ China Property Giant China Vanke Sells Remaining 50% of Shanghai Retail Complex Qibao Vanke Plaza to Hong Kong-Listed Link Reit for $334 Million, Link Reit is Asia Largest Real Estate Investment Trust & Acquired 50% of Qibao Vanke Plaza from Singapore GIC in 2021 “
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China Property Giant China Vanke Sells Remaining 50% of Shanghai Retail Complex Qibao Vanke Plaza to Hong Kong-Listed Link Reit for $334 Million, Link Reit is Asia Largest Real Estate Investment Trust & Acquired 50% of Qibao Vanke Plaza from Singapore GIC in 2021
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