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Equity Capital Markets

Capitaland Commercial Trust / Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/1077" target="_blank" data-smartkarma-citation="entities:1077:1">Capitaland Commercial Trust (CCT SP)</a>, or CCT, has announced that it will acquire a 94.9% stake in Gallileo, a Grade A freehold commercial property in Frankfurt, Germany, for EUR 342.7 million, or approximately SGD 548.3 million. Meanwhile, the remainder 5.1% stake will be acquired by CCT’s parent company, CapitaLand Limited. The property is fully occupied, and on a 100% basis, the agreed property value of EUR 356 million (or SGD 569.6 million), represents a 1.4% discount to the independent…</p>

Capitaland Commercial Trust (CCT SP), or CCT, has announced that it will acquire a 94.9% stake in Gallileo, a Grade A freehold commercial property in Frankfurt, Germany, for EUR 342.7 million, or approximately SGD 548.3 million. Meanwhile, the remainder 5.1% stake will be acquired by CCT’s parent company, CapitaLand Limited. The property is fully occupied, and on a 100% basis, the agreed property value of EUR 356 million (or SGD 569.6 million), represents a 1.4% discount to the independent…

CCT Ventures Into Europe With Acquisition of Gallileo in Germany; FVE Raised to SGD 1.70