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Good news for Gallileo, a CICT property, as it secures ECB as anchor

The Edge Singapore
The Edge Singapore  • 1 min read
Good news for Gallileo, a CICT property, as it secures ECB as anchor
Gallileo, named for Galileo Galilei and the Gallusanlage location with its double “l”. Photo: CapitaLand
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CapitaLand Integrated Commercial Trust's (CICT) (SGX:C38U) manager, along with CapitaLand Investment (CLI) (SGX:9CI) , announced on March 12 that they have secured the European Central Bank (ECB) as the new anchor tenant.

Gallileo is a 38-storey Grade A office building located on Gallusanlage, in the banking district of Frankfurt am Main, Germany. 

The unusual building name “Gallileo” is a combination of the name of the Italian mathematician Galileo Galilei and the Gallusanlage location with its double “l”. Gallileo is 94.9% held by CICT, with CLI owning the remaining portion. 

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