CapitaLand's REIT to buy 50% in Sydney property for $305m

CapitaLand's REIT to buy 50% in Sydney property for $305m

Singapore-listed real estate investment trust CapitaLand Integrated Commercial Trust (CICT) has agreed to acquire a 50% interest in an integrated development located in Sydney for A$422 million ($305.4 million), per an announcement.