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Thursday, 27 August 2026
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SEA Deal Ticker

A 2005 telco building became an AI-era asset: CapitaLand Ascendas exits Kim Chuan at S$200.4M, double what it paid

The REIT sold the Kim Chuan Telecommunications Complex for 32% above its S$151.8M June valuation, with roughly S$180M in net proceeds trimming leverage toward 41.4%.

Source — CapitaLand