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Capitamall Trust says buys Singapore property for S$295 mln

Posted on 28 February 2011

From Reuters: Singapore’s CapitaMall Trust Management said on Monday it has entered an agreement to buy a shopping mall in the city-state, Iluma, for S$295 million ($231 million).
“Iluma is a new shopping mall in Singapore located at Victoria Street opposite the popular Bugis Junction, one of CMT’s existing properties. The mall has a net lettable area of 185,190 square feet,” CapitaMall Trust said in a statement……………………………………….Full Article: Source


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