SG: FCL offloads Compass Point JV stake; CapitaLand to redevelop Funan

Singapore city skyline at night. Credit: Flickr/dmytrok

The slew of real estate deals by Singapore listed firms are showing no signs of slowing down. The latest include, property major FCL is divesting its stake in a joint venture corporation that owns Compass Point Mall. Meanwhile, CapitaLand is redeveloping Funan Mall into a mixed development that will serve as a joint retail, commercial and office space.

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