CapitaLand Integrated Commercial Trust (CICT) has completed the divestment of 21 Collyer Quay, an office building in Raffles Place, for $688 million. In a filing to the Singapore Exchange on Nov 12, CICT’s manager says the 999-year leasehold building was sold to an unrelated third party. Based on the building’s net lettable area of about 213,000 sq ft, the price works out to $3,230 psf.