Latest Capitaland Ltd Ord (CLLDF) Headlines C
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CapitaLand, CapitaMalls Asia and CapitaMall Trust Sign Option to Sell Westgate Tower for S$579.4 Million (HK$3,577.2 million)
JCN Newswire - Fri Jan 03, 6:54AM CST
CapitaLand Limited; CapitaMalls Asia Limited (SGX: JS8 and HKEx: 6813); and CapitaMall Trust Management Limited, the manager of CapitaMall Trust; announced today that they have granted options to a consortium1 comprising Sun Venture Homes Pte. Ltd. and Low Keng Huat (Singapore) Limited to purchase Westgate Tower for S$579.4 million. The consortium has up to 24 January 2014 to exercise the options.
Ascott Strengthens Presence in Indonesia with First Ascott-Branded Serviced Residence in Surabaya
PRWeb - Thu Jan 03, 12:56AM CST
CapitaLand's wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has clinched a management contract for its first Ascott-branded serviced residence in Surabaya. The premier Ascott Waterplace Surabaya will offer 181 apartments when it opens in 2014. It will be Ascott's third property in Surabaya, after Citadines Marvell Surabaya and Somerset Surabaya Hotel & Serviced Residence. This also reinforces Ascott's position as the largest international serviced residence owner-operator in Indonesia, with over 2,200 apartment units across 10 properties.