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標題Title: CapitaLand Sells Properties
作者Authors: SAM HOLMES
上傳單位Department: 國際企業系
上傳時間Date: 2010-9-30
上傳者Author: 許淑媖
審核單位Department: 國際企業系
審核老師Teacher: 許淑媖
檔案類型Categories: 教學檔Teaching Material
關鍵詞Keyword: REAL ESTATE
摘要Abstract: CapitaLand Sells Properties
Copyright ©2010 Dow Jones & Company, Inc. All Rights Reserved
• REAL ESTATE
• AUGUST 22, 2010, 9:10 A.M. ET
By SAM HOLMES
SINGAPORE—Singapore property developer CapitaLand Ltd. said its wholly owned unit The Ascott Ltd. will sell 28 of its serviced residences to Ascott Residence Trust, or Ascott REIT, for 969.6 million Singapore dollars (US$714.9 million).
The divestment includes 26 properties in Europe and one each in Singapore and Vietnam and will yield a net gain of about S$52.1 million. CapitaLand, through The Ascott Ltd., holds 47.7% in Ascott REIT.
The Ascott will also purchase Ascott REIT's entire interest in its Ascott Beijing property for S$214 million.

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