HONG KONG (Reuters) - SZITIC Commercial Property Co Ltd, which sold a stake in two of its malls to U.S. private equity firm Carlyle Group LP
The Shenzhen-based shopping mall developer hired JPMorgan
The deal could come by the end of the year or in the first quarter of 2014, it added.
SZITIC sold a 49 percent stake in the malls, located in second-tier cities of Hangzhou and Suzhou, to Carlyle for an undisclosed sum.
(Reporting by Elzio Barreto; Editing by Chris Gallagher)