BUSINESSAug 20 · 10:20 UTCBLOOMBERGLow De Wei

CapitaLand and IOI Close to Buying Singapore $1.9 Billion One Raffles Place

CapitaLand Investment Ltd. and Malaysian developer IOI Properties Group Bhd. are nearing a deal to buy One Raffles Place, an iconic office development in Singapore’s commercial center. The reported transaction is valued at $1.9 billion.

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CapitaLand Investment Ltd.organizationIOI Properties Group Bhd.organizationSingaporeplaceOne Raffles Placetopiccommercial centerplaceoffice developmenttopic

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