Announced
CapitaLand sold a 49% stake in Mubadala CapitaLand Real Estate to Five Square Properties for $73m.
Synopsis
CapitaLand, one of Asia's largest real estate companies, sold a 49% stake in Mubadala CapitaLand Real Estate, a company incorporated in the United Arab Emirates to undertake residential development projects, to Five Square Properties for $73m in cash. The sale is in line with CapitaLand’s approach towards disciplined portfolio optimization through capital recycling.
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
No credit card required
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.