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.