SINGAPORE (Jan 17): CapitaLand is acquiring a prime commercial site in the CBD of Ho Chi Minh City to develop its first international Grade A office tower in Vietnam.

CapitaLand will hold a 100% stake in the 0.6ha site with a gross floor area of 106,000 sqm.

Located in the heart of Ho Chi Minh City’s District 1, the site will be developed into a 240-metre, international Grade A office tower with retail units at the ground and basement levels.

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