CapitaLand Integrated Commercial Trust, which already owned 45% of CapitaString, is acquiring the remaining 45% and 10% stake in the building for $1.05 billion :

To finance the acquisition outlay expected at about S$482.3 million, the REIT is doing a private placement of units. They will be priced at a minimum of S$2.105 apiece, to raise no less than S$500 million. That compares with its closing price of S$2.24 on Monday. Trading was halted on Tuesday morning.