The fund owns the commercial building known as 1 George Street and 163 strata-titled units in The Adelphi.
It also owns a 20 percent interest in Temasek Tower.
CapitaLand says the transaction is not expected to have any material impact on its net tangible assets or earnings per share for this financial year. – CNA/ch
Source : Channel NewsAsia – 28 Aug 2007