
CICT completes acquisition of 50% stake in ION Orchard
It acquired the shares from CapitaLand Investment Limited.
CapitaLand Integrated Commercial Trust (CICT) has completed its acquisition of a 50% stake in ION Orchard and ION Orchard Link.
CICT’s stake is held through CapitaLand Retail Singapore Investments, which owns an indirect 50% interest in the properties.
CICT acquired the shares from CapitaLand Investment Limited (CLI).