SINGAPORE -- Major Singaporean property developer City Developments announced on May 15 a pair of transactions with China's Sincere Property Group totaling nearly $1 billion, underscoring its faith in the mainland real estate market.
Developer partners with Sincere Property to tap mainland's long-term growth

CDL will take a 70% stake in a commericial property in the heart of Shanghai's commercial district. (Photo by Kosaku Mimura)
SINGAPORE -- Major Singaporean property developer City Developments announced on May 15 a pair of transactions with China's Sincere Property Group totaling nearly $1 billion, underscoring its faith in the mainland real estate market.