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News - Detailed News Story

CapitaLand: To Redevelop Prime Orchard Road Site Into An Integrated Development.

09 Jul 2012 10:11

CapitaLand Limited has entered into a conditional agreement with Ascott Residence Trust to acquire Somerset Grand Cairnhill Singapore located in the heart of Orchard Road for S$359 million. CapitaLand's wholly-owned subsidiaries, The Ascott Limited and CapitaLand Residential Singapore Pte Ltd, will jointly redevelop the prime Orchard Road site into CapitaLand's first integrated development in Singapore that comprises a serviced residence with a hotel licence and a high-end residential development...

Attachments: Source: ShareInvestor Express

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