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CapitaLand, CDL complete S$400m Liang Court mall purchase

With the completion of the transaction, control of the overall Liang Court mixed-development complex has narrowed from three parties previously to two, which should facilitate its redevelopment.


CAPITALAND and City Developments Ltd (CDL) completed their S$400 million acquisition of Liang Court mall on Friday.

The two property groups confirmed the completion of the purchase by their equal joint venture, in a statement to BT.

"The new owners' immediate focus...

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