CapitaLand Integrated Commercial Trust (CICT:C38U) has announced a strategic move in the Singapore retail market with its acquisition of a 50% stake in ION Orchard and its connecting underpass, Ion Orchard Link from its sponsor, Capitaland Investment (CLI: 9CI). This iconic 8-storey shopping mall, located in the heart of Orchard Road, is renowned for its […]

source: https://thefinance.sg/2024/09/03/cict-acquires-50-stake-in-ion-orchard-a-strategic-move-for-singapores-retail-landscape-opportunity-or-boom-for-shareholders/