PROPERTY development and investment group Metro Holdings has agreed to invest 200 million yuan for a 50 per cent stake in Xiamen CICC Qihang Equity Investment Partnership, or CICC Qihang Fund in short.
In turn, CICC Qihang Fund has formed a 50:50 joint venture with Xiamen ARA Qihang Equity Investment Fund, which is managed by ARA Asset Management. The mall is located in the heart of Chengdu's central business district and the Dacisi business corridor. It is surrounded by international hotels, upscale office buildings and modern shopping malls such as Chengdu International Finance Square and Taikoo Li Chengdu, and has a total gross floor area of 45,352 sq m with net leasable area of 26,078 sq m and 387 carpark lots.
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Source: ChannelNewsAsia - 🏆 6. / 66 Read more »