$CapitaLandInvest(9CI.SI)$ Cap

CapitaLand Development subsidiary wins tender to repurpose Kallang Way terraced factories.

The tender for a 4.41ha industrial site in Kallang Way has been awarded to a subsidiary of CapitaLand Development for $369 million.

This is JTC’s first Industrial Government Land Sales (IGLS) tender that requires the successful tenderer to reuse an old building.

Accumulate.

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