
Transactions | Dec 30, 2021
CapitaLand Development partners with Mitsubishi Estate for $235m business park in Suzhou New District
CapitaLand Development (CLD), the development arm of CapitaLand Group, has entered into a 50-50 joint venture with Mitsubishi Estate Co. Ltd., one of Japan’s largest real estate groups, to invest RMB1.5 billion ($235 million) to develop a business park in China’s Suzhou New District.