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Singapore REIT eyes overseas expansion through CMBS

CapitaCommercial Trust, the commercial real estate investment trust established by Singapore-based property developer CapitaLand, will soon tap the Malaysian securitization market with a M$115 million ($30.7 million) CMBS.

The transaction, to be issued through the Aragorn ABS SPV, will finance the acquisition by CCT from its parent of the...

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