IOI Properties and CapitaLand Investment jointly bid for One Raffles Place
IOI Properties expressed interest in buying One Raffles Place in Singapore and joined CapitaLand Investment in a bid for 100% of the property.
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what happened
Newsmetry API reports that IOI Properties Group Berhad has submitted an expression of interest to acquire One Raffles Place in Singapore.
IOI Properties and CapitaLand Investment have submitted a joint bid for the entire 100% interest in the property. The prospective buyers are carrying out due diligence and holding exclusive discussions on the proposed acquisition.
why it matters
The report concerns a potential transaction involving a Singapore property and the two companies’ interest in acquiring full ownership. The proposed deal remains subject to due diligence and exclusive discussions.
instruments
sources
- IOI Properties Submits Expression Of Interest To Buy One Raffles Place, Singapore — Newsmetry API, 12 October 2026 at 15:32 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
on the website stories appear 15 minutes after publication, in the api at once.
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