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CLSA Capital Partners bags 77 Robinson Road for S$530.8m

SEB ImmoInvest fund sells the property for S$1,810 psf; site has 76-year balance lease

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An earlier CLSA fund had bought 77 Robinson Road in June 2006 for S$343.88 million from Singapore Airlines. It sold the building to SEB ImmoInvest fund for a handsome profit in April 2007 for S$526 million.

Singapore

THINGS have come full circle for CLSA Capital Partners at 77 Robinson Road.

BT understands that it has inked a deal to buy the 35-storey office tower for S$530.8 million or S$1,810 per square foot based on a net lettable area (NLA) of 293,269 square feet.

SEB

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