In a filing from Dec. 10, 2025, the trust had agreed to sell the office component of the Festival Walk to an unrelated third party for around HK$1.96 billion.
The trust retains 100% ownership and operations of Festival Walk's retail mall which covers a lettable area of around 588,890 square feet.
Following the divestment, the trust's portfolio comprises 15 commercial properties, valued at SG$15.5 billion.
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