CapitaLand associate buying Fullshare's office space in Cecil St tower
Deal expected to exceed S$500 million; space changing hands for about S$2,320 psf, below the S$2,600 psf effective price paid by HK-listed China firm
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Kalpana Rashiwala
Singapore
AN associated company of CapitaLand is buying the office space at the former GSH Plaza in Cecil Street from a fund led by Hongkong-listed Fullshare Holdings in a deal expected to exceed S$500 million.
The building, now known as Plus, is at 20 Cecil Street, beside Republic Plaza.
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