SINGAPORE, Feb 20 – CapitaMalls Asia Ltd, a Singapore-based shopping centre developer and operator, said today it has acquired the remaining stake in three Japanese malls for about S$217.4 million (RM522.12 million).

CapitaMalls bought the remaining stake in the malls from CapitaMalls Japan Fund, it said in a statement. The malls are in Tokyo, Osaka and Kobe.

CapitaMalls, the retail arm of Southeast Asia’s biggest developer CapitaLand, owns seven shopping malls in six cities in Japan. – Reuters