Singapore
RETAIL landlord CapitaLand Mall Trust (CMT) plans to spend an estimated S$560 million to turn Funan DigitaLife Mall into an integrated development consisting of retail, office and serviced apartments, the trust manager said on Friday morning as it announced a slight rise in distribution for its second quarter.
That amount also includes the cost of installing new technology and other initiatives aimed at differentiating the mall from others in Singapore, the trust manager's chief executive...