Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Artist’s impression of Sino-Singapore Guangzhou Knowledge City, China Artist’s impression of Sino-Singapore Guangzhou Knowledge City, China

SINGAPORE— CapitaLand Limited reports it has entered into an $8.1-billion deal with Temasek to acquire from its subsidiary, Ascendas-Singbridge Pte. Ltd. two wholly owned intermediary subsidiaries that will create a real estate group with combined global assets under management that will exceed S$116 billion (approximately $86 billion).

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

More from this author


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.