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Largest Singaporean CMBS in the works

HSBC has been selected to arrange what will be Singapore's largest CMBS to date. The S$886 million ($560.1 million) deal will partly refinance the $2.2 billion acquisition by CapitaCommercial Trust (CCT) and CapitaMall Trust (CMT) of the Raffles City complex, located in central Singapore.

The development consists of an...

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