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Alpha fund buys rest of 78 Shenton Way

Half stake, which comes from Commerz Real, prices the property at S$1,665 psf

BT_20160406_KRSHENTON6_2206296.jpg
The development, 78 Shenton Way, comprises two towers built at different times on a site with a balance lease term of 66 years.

Singapore

A PROPERTY fund managed by Alpha Investment Partners has taken full ownership of 78 Shenton Way after buying out partner Commerz Real's half stake in the asset.

Alpha Investment Partners is part of Keppel Corporation.

The transaction, said to have been done three

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