CICT, CapitaLand should snap up Bugis Junction Towers
The group has the heft to spearhead a redevelopment of the entire complex and transform the surrounding area
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[SINGAPORE] Earlier this year, CapitaLand is said to have looked at the Marina One office and retail asset, which was quietly put on the market with a price tag of around S$5.7 billion.
The property giant is currently actively participating in the bidding process for One Raffles Place, which is valued at nearly S$2.4 billion.
Alongside these big-ticket Singapore commercial properties, CapitaLand may want to take a closer look at Bugis Junction – an office, retail and hotel complex completed three decades ago and where it already has a presence.
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