CapitaLand Commercial Trust / CapitaLand Mall Trust merger

23/1/2020

Merger

Value:

S$ 8.3 billion

Status:

Announced

Date:

23/1/2020

Overview:

Real estate company CapitaLand has announced the proposed merger of retail REIT CapitaLand Mall Trust and commercial REIT CapitaLand Commercial Trust in a $8.27 billion deal.
With a market cap of $16.8 billion, CapitaLand Integrated Commercial Trust (CICT) - the combined entity - will be the third-largest REIT in the APAC region and the largest in Singapore.

Shah Shameer Ahmed - Researcher

Jurisdiction:

Singapore

Deal type:

Merger

Practice area:

M&A

Industry sector:

Real estate

Firms:

Allen & Gledhill

Party: CapitaLand Mall Trust Management (Merger party)

WongPartnership

Party: CapitaLand Commercial Trust Management (Merger party)

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