CapitaLand holds a 94.9% stake in the joint venture while Lum Chang Holdings holds the remaining 5.1% stake.
SINGAPORE (Dec 28): CapitaLand is expanding its commercial business beyond Asia by acquiring its first office building in Germany.
The property giant has acquired a freehold multi- tenanted office building known as Main Airport Center (MAC) in Frankfurt, Germany at €245 million ($392 million) through a joint venture.
