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Alpha's Capital Square stake may fetch S$543.5m

CBRE and JLL appointed joint marketing agents for the 50% stake and will conduct an expressions of interest exercise for the property

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Kalpana Rashiwala

Kalpana Rashiwala

Published Thu, Apr 2, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    KEPPEL Land unit Alpha Investment Partners' 50 per cent stake in Capital Square along Church Street in the CBD is expected to fetch around S$543.5 million.

    This reflects a price of S$1.09 billion for the entire asset - translating to around S$2,800 per square foot based on the 388,215 sq ft total net lettable area (NLA).

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