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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).

 

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