An unknown buyer has agreed to acquire CapitaMall Minzhongleyuan from CapitaLand Retail China Trust (SGX:AU8U) for CNY 258 million (SGD 52.6 million) on January 11, 2021. The buyer agreed to pay extra CNY 200 million to cover a shareholder loan and entrustment loans. SGD 46.8 million will be used to repay debt, funding capital expenditure and asset enhancement, capital distribution, new acquisitions, or general corporate and working capital needs.