Capitaland to pay $569.6m for major stake in Frankfurt property

Submitted By:  Danielle Isaac Case Study:  No Analysts weigh in on the effects of the company's exposure in the German market. CapitaLand Commercial Trust (CCT) bought Gallileo, a freehold Grade A commercial property located in Frankfurt, Germany for an agreed property value of $569.6m (€356m), representing the REIT’s first European foray.  read more