新闻

CICT: To Divest Asia Square Tower 2 For S$2.5 Billion & Acquire Paragon, A Premier Freehold Integrated Development In Orchard Road, For S$3.9 Billion.

20 Apr 2026 07:37

Acquisition entry yield of 3.9% and partially funded by capital redeployed from strategic divestment of Asia Square Tower 2 at an exit yield of 3.0%. Proposed acquisition is expected to deliver distribution per unit accretion of 2.1%. Reinforces CICT's leadership in Singapore's commercial real estate space...

More information available here.

Source: ShareInvestor Express