The sale of City Towers in Bukit Timah has finally been completed at its fourth en bloc attempt and after a pair of sibling owners initially attempted to block the deal.
SINGAPORE stocks pared some of their strong morning gains as trading resumed on Tuesday afternoon, with the Straits Times Index advancing 0.60 per cent or 19.04 points on the day to 3,204.57 as at 1.05pm.
CapitaLand, South-east Asia’s largest property group, is expected to have a better 2H19 now that assets under management have expanded to $129.1 billion after the acquisition of Ascendas-Singbridge (ASB).
