Reuters India
26 May 2008
SINGAPORE, May 26 (Reuters) - Mapletree, a real estate unit of Singapore state-owned investor Temasek [TEM.UL], said on Monday it is developing property worth $320 million in China's Guangdong through its private real estate fund. The Mapletree India-China Fund will have an 80 percent stake in the project, which includes seven blocks of serviced apartments and a mall, while Guangzhou Southern-Donald Scientific Technology Co owns the remainder, Mapletree said in a statement.
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