CapitaCommercial Trust clears issue on Twenty Anson deal
It corrects a Business Times article, saying there is no certainty of the $400m deal materializing.
In a statement, the group referred to the news article titled, “Twenty Anson close to being sold for over $400m” reported in The Business Times on 6 February 2012.
As a clarification, the group stated:
CapitaCommercial Trust Management Limited, as a proactive manager of CapitaCommercial Trust, constantly evaluates investment opportunities with a view to enhancing the value of CCT’s portfolio. In relation to the subject property, it is but one of a few opportunities we are currently evaluating. As there is no certainty of the deal materializing, unitholders are advised to exercise caution in trading the units of CCT.
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Tags: CapitaCommercial Trust, Twenty Anson deal, singapore real estate, singapore commercial property
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