GIC Private Limited acquired additional 48% stake in Shanghai Nanxiang InCity Mega Mall from China Vanke Co., Ltd. (SZSE:000002) on July 10, 2024. Upon completion, GIC Private Limited will own 98% stake in Shanghai Nanxiang InCity Mega Mall.

GIC Private Limited completed the acquisition of additional 48% stake in Shanghai Nanxiang InCity Mega Mall from China Vanke Co., Ltd. (SZSE:000002) on July 10, 2024.