CapitaLand and IOI Close to Buying Singapore $1.9 Billion One Raffles Place
CapitaLand Investment Ltd. and Malaysian developer IOI Properties Group Bhd. are close to completing a deal to acquire One Raffles Place, an iconic office building in Singapore's central business district valued at approximately $1.9 billion. This potential purchase represents a significant real estate transaction in Singapore's prime commercial real estate market.
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CapitaLand and IOI Close to Buying Singapore $1.9 Billion One Raffles Place
CapitaLand Investment Ltd. and Malaysian developer IOI Properties Group Bhd. are close to completing a deal to acquire One Raffles Place, an iconic office building in Singapore's central business district valued at approximately $1.9 billion. This potential purchase represents a significant real estate transaction in Singapore's prime commercial real estate market.
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