CapitaLand Nabs $766M In Sale Of Australand Stake
By Benjamin Horney ( March 19, 2014, 2:07 PM EDT) -- Singapore-based real estate company CapitaLand Ltd. said on Wednesday that it has sold its 39.1 percent stake in Australand Property Group for about A$849 million ($766 million) in order to refocus its efforts on its core businesses in Singapore and China....
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