$CapLand IntCom T(C38U.SI)$
CapitaLand Integrated Commercial Trust (CICT) has agreed to divest Bukit Panjang Plaza for S$428 million in cash,
The sale expects to help optimise CICT’s portfolio, strengthen financial flexibility for growth, and create value for stakeholders.
The manager does not expect the sale to have a material effect on the net asset value per unit of CICT and the distribution per unit of CICT for the financial year ending Dec 31, 2026.
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