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
Add BT as a preferred source
[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.
TRENDING NOW
UOB CEO’s youngest child Grant Wee turns burnout into a wellness business
Wanted: 100 AI specialists, 100 wealth relationship managers at HSBC Singapore
China chipmaker CXMT jumps 472% in debut after US$9.8 billion IPO
Temasek should publicly state its position on the long-rumoured CapitaLand-Mapletree merger
