Singapore

ONE George Street, owned by CapitaLand Commercial Trust (CCT), is back in play, and The Business Times understands that two parties are carrying out due diligence on the property - China Life Insurance and Haitong Securities.

Sources told BT that CCT was prepared to consider selling only half its stake in the asset; this would enable its parent, CapitaLand, to continue to collect a fee from managing the asset.