, Singapore

ARA Asset Management to invest $4.1b in Shanghai property

The facility is a premium-grade located in a prime district.

ARA Asset Management said it would set up a fund ARA Harmony VI to invest in a China commercial property worth 20bil yuan (S$4.1bil).

The property is a newly-completed premium-grade integrated commercial property located in the heart of Lujiazui Finance and Trade Zone in Pudong New District, Shanghai, China. 

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