capitaland-buys-china-property-business-for-22-billion

CapitaLand buys China property business for $2.2 billion

Leading Singapore real estate developer CapitaLand pays $2.2 billion for Orient Overseas International's China property business.

Sameera Anand

January 19, 2010

Singapore-based real estate developer CapitaLand has acquired 100% of Orient Overseas Developments Limited (OODL) for $2.2 billion from a company controlled by the family of former Hong Kong chief executive Tung Chee-hwa.

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