CapitaLand Integrated Commercial Trust Completes Acquisition of Balance Stake in Glory Office Trust

MT Newswires

08/26

CapitaLand Integrated Commercial Trust (SGX:C38U) completed the acquisition of a remaining 55% stake in Glory Office Trust, according to a Tuesday filing with the Singapore Exchange.

Meanwhile, SG$358.3 million from gross proceeds of around SG$600 million from a private placement have been utilized to finance the acquisition.

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