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CapitaLand Commercial Trust to buy remaining 60% interest in CapitaGreen for $393 mil

Jeffrey Tan Published on Mon, May 23, 2016 / 8:41 AM GMT+8

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SINGAPORE (May 23): CapitaLand Commercial Trust (CCT) is planning to acquire the remainder 60% interest in Grade A office tower CapitaGreen for $393 million.

CCT currently owns a 40% interest in units in MSO Trust, a special purpose sub-trust that holds CapitaGreen.

CapitaLand owns 50% interest in MSO Trust, while Mitsubishi Estate Asia (MEA) owns the remaining 10%.

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