(December 01 10:07) Sbr.com.sg
Uploaded By:
Paul Howell
Submitted By:
Staff Reporter
Case Study:
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The total value of these divestments are at $448.7m.
CapitaLand has divested three retail malls in Japan and an office building in Korea for a total of $448.7m as part of its ongoing portfolio reconstitution strategy.
La Park Mizue and Vivit Minami-Funabashi in Greater Tokyo, as well as CO-OP Kobe Nishinomiya Higashi in Greater Osaka have been divested above valuation for a total of $283.6m (JPY 21.99b). ICON Yeoksam in Seoul has also been divested above valuation for $165.1m (KRW 142.2b).
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