CapitaLand to sell The Star Vista for S$296m
New Creation Church expects mall to generate healthy returns for its business arm
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.
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