SINGAPORE - Mega church New Creation has acquired The Star Vista mall for almost $300 million"to protect the interest of the church", it announced on Wednesday .
"While we had expressed our hope that CapitaLand would remain as the owner and operator of the retail space, we understood that CapitaLand had also initiated a sale process for The Star Vista," the church said on Wednesday. New Creation added that in accordance with zoning guidelines, The Star Vista's commercial space will be maintained, and that the church was exploring possibilities for CapitaLand to continue operating and managing the mall on its behalf.
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