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CCT acquires Asia Square Tower

SINGAPORE - CapitaLand Commercial Trust (CCT) is acquiring Asia Square Tower 2 from BlackRock Asia Property Fund III L.P. for an agreed property value of S$2,094 million (US$1,549 milllion) or S$2,689 (US$1,989) per square foot.  The net property income (NPI) yield is expected to be 3.6% per annum.....

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