CapitaLand unveils huge real estate expansion plan

CapitaLand Ltd, one of Asia's largest real estate companies, plans to add four integrated development projects in China each year in the coming three years, the company's top management said.

"There is still room for growth in China," says Lim Ming Yan, the company's group president and chief executive officer. "From a risk perspective, it shall not be a problem if the investment portion of China exceeds 50 percent."

CapitaMalls Asia, a company under the Singapore-based CapitaLand Ltd, had 48 percent of its assets ratio in China.