CapitaLand Investment Limited (SG:9CI) has released an update.
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CapitaLand Integrated Commercial Trust (CICT) has announced a major move to acquire a 50% interest in two prime properties, ION Orchard and ION Orchard Link, for S$1.076 billion, subject to adjustments. The properties are iconic eight-story shopping destinations in the heart of Singapore’s famous Orchard Road, boasting a high occupancy rate and prestigious environmental certifications.
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