CapitaLand divests properties amidst portfolio reconstruction

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No 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). read more