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CapitaLand: Strengthens Foothold In Greater Tokyo With Acquisition Of 3 Office Buildings & A Mall For S$620.1 Million.

17 Feb 2017 07:14

CapitaLand Limited, through its wholly owned shopping mall business CapitaLand Mall Asia, has entered into conditional sale and purchase agreements to acquire a portfolio of four income-producing office and retail properties in Japan's Greater Tokyo Area, at an agreed property price of JPY49.7 billion (S$620.1 million). This acquisition will strengthen CapitaLand's foothold in Greater Tokyo, the world's most populous metropolis, and increase the Group's total asset size in Japan to about S$2.5 billion...

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Source: ShareInvestor Express