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CapitaLand acquires 4 commercial properties in Japan for 49.7b yen

The move beefs up its Japan portfolio from S$1.8 billion to S$2.5 billion

BT_20170218_LKCAPITALAND18DDBD_2749320.jpg
Located in Saitama Prefecture, where many residents commute to Tokyo for work and school, Seiyu & Sundrug is the largest suburban mall within a three-km radius.

Singapore

CAPITALAND Limited is acquiring three income-producing office buildings and one shopping mall in Greater Tokyo for 49.7 billion yen (S$620.1 million), in a move that beefs up its Japan portfolio from S$1.8 billion to S$2.5 billion.

"This latest acquisition will deepen the

sentifi.com

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