Glory Office Pte. Ltd.’s S$296.1 million sale of 45% interest in CapitaSpring’s office and retail component to CICT

Rajah & Tann Singapore, member firm of Rajah & Tann Asia, acted for Glory Office Pte. Ltd. (a wholly-owned subsidiary of CapitaLand Development) in relation to sale of 45% of the issued units in Glory Office Trust to CapitaLand Integrated Commercial Trust (CICT). Partner Favian Tan from the Mergers & Acquisitions Practice and Partners Benjamin Tay and Marcus Tay from the Corporate Real Estate Practice led the transaction