CapitaLand REIT pursues RM4.5bil Duo office tower - Business News - News Summed Up

CapitaLand REIT pursues RM4.5bil Duo office tower - Business News


KUALA LUMPUR: CapitaLand Commercial Trust, Singapore’s biggest office landlord, is among suitors in talks about a potential acquisition of the Duo office and retail development in the city, sources said. The real estate investment trust (REIT) has been negotiating the purchase of a 39-storey office building called Duo Tower, along with the connected Duo Galleria mall, according to the sources. The property could be valued at more than S$1.5bil (RM4.52bil), a source said.


Source: The Star March 18, 2019 23:37 UTC



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