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CapitaLand sells three Japan malls, Seoul office block for S$448m; enters Japan logistics sector

Wed, Dec 02, 2020 - 5:50 AM

Raphael Limraphlim@sph.com.sg@RaphaelLimBT

Vivit Minami-Funabashi in Greater Tokyo, one of the three divested properties in Japan.

PHOTO: CAPITALAND

Singapore

CAPITALAND has divested three malls in Japan and an office building in South Korea for a total of S$448.7 million, as part of its ongoing portfolio reconstitution strategy, it said on Tuesday morning in a bourse filing.

It also announced that it has made its first foray...

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