CapitaLand, CDL, Ascott Reit to redevelop Liang Court
Site will be turned into an integrated development with total GFA of 100,263 sq m, subject to approval
Fiona Lam &
Ng Ren Jye
Singapore
REAL estate heavyweights CapitaLand Limited, City Developments Limited (CDL) and Ascott Residence Trust (Ascott Reit) have formed a consortium to redevelop the Liang Court site, according to filings on Thursday.
The site comprises Liang Court mall, mid-scale hotel Novotel Singapore Clarke Quay and serviced residence Somerset Liang Court Singapore.
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10