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Far East Hospitality Reit buys Oasia Hotel Downtown for S$210m

The 65-year leasehold property sits along Peck Seah Street at the edge of the Shenton Way and Raffles Place financial district

Published Fri, Jan 12, 2018 · 09:50 PM
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FAR East Hospitality Real Estate Investment Trust (Reit), which trades as part of the stapled Far East Hospitality Trust, is buying the 314-room Oasia Hotel Downtown in the Tanjong Pagar district for S$210 million in cash before fees.

The 65-year leasehold property is being sold by Far East Soho, a unit of the hotel and serviced re…

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