The entire property is 100% held through Citadines Ming Zhu Property (CMCQ), a China-incorporated holding company.
SINGAPORE (Aug 29): Property group CapitaLand is divesting Somerset Jiefangbei Chongqing in China.
The cash consideration, subject to post-completion adjustments, is RMB99.2 million ($19.6 million), based on an agreed property value of RMB200 million.
