CapitaLand to sell The Star Vista for S$296m
New Creation Church expects mall to generate healthy returns for its business arm
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CAPITALAND is selling its stake in a mall to the partner with whom it had jointly developed the property.
The mainboard-listed company said in a statement on Wednesday that it will sell The Star Vista to Rock Productions, the business arm of New Creation Church (NCC) for S$296 million.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report