IOI Properties, CapitaLand Investment submit joint bid for One Raffles Place, Singapore

By Public Technologies
  • IOI Properties Group submitted a 50:50 expression of interest with a CapitaLand Investment-managed entity to buy One Raffles Place.
  • Proposed deal targets 100% of the integrated commercial complex at 1 Raffles Place, Singapore.
  • Purchasers started due diligence, entered exclusive talks with vendors to agree definitive terms during the exclusivity period.
  • Asset includes two office towers with retail; key land tenures include 841 years from Nov. 1, 1985, plus 99 years from May 26, 1983.
  • Announcement dated Oct. 12, 2026; further updates to follow if definitive agreements are signed.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IOI Properties Group Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3714058) on October 12, 2026, and is solely responsible for the information contained therein.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.