CapitaLand Investment completed the acquisition of the Shanghai office project of Tishman Speyer for $1.1bn.

CapitaLand Investment Management, a REIT, completed the acquisition of the Shanghai office project of Tishman Speyer, a real estate firm, for $1.1bn. “We set out to create a vibrant mixed-use community, powered by the world’s most technologically advanced companies over a decade ago. CapitaLand’s investment is a testament to the tremendous success of our vision," Rob Speyer, Tishman Speyer CEO.