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CICT acquires 3rd Sydney property for A$422m
This is an integrated development with a premium grade office tower and retail space in the city's CBD
Add BT as a preferred sourcePublished Thu, Dec 23, 2021 · 09:50 PM
Singapore
CAPITALAND Integrated Commercial Trust's (CICT) manager has entered into an agreement to acquire a 50 per cent interest in an integrated development in Sydney, Australia for A$422 million (S$409.3 million)
The move comes shortly after CICT acquired 2 office buildings for A$330.7 million earlier this month, as it looks to make further inroads into Australia. The country is its second overseas developed market after Germany.
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