Hongkong Land shares up 3.6% after report of Marina One bid
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Hongkong Land shares increased by 3.6% to US$8.26 following a Bloomberg report indicating that it and CapitaLand are potential bidders for the Marina One complex, priced at approximately S$5.7 billion. The asset includes 1.88 million square feet of office space and 140,000 square feet of retail space. However, discussions are still in early stages and may not lead to a transaction.
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