28 February 2022

Allen & Gledhill, as transaction counsel, advised CapitaLand Integrated Commercial Trust Management Limited, in its capacity as manager of CapitaLand Integrated Commercial Trust (“CICT”, and the manager of CICT, the “Manager”)  (“CICTML”), on the S$1.3 billion divestment by One George Street LLP (“OGS LLP”) of a 29-storey Grade A office building located in the Raffles Place precinct known as One George Street at 1 George Street, Singapore 049145 (“One George Street”).

CICTML is the asset manager of OGS LLP. CICT, as one of the partners of OGS LLP, holds 50% interest in OGS LLP.  An unrelated third party holds the other 50% in OGS LLP.

Advising CICTML were Allen & Gledhill Partners Eudora Tan and Teh Hoe Yue.

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