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Gaw Capital poised to buy PoMo in Selegie

HK-based group in exclusive due diligence; price expected to be around S$350m for office and retail asset

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The nine-storey PoMo, located near Dhoby Ghaut and Bencoolen MRT stations, is on a site with a balance lease term of 64.5 years. It is zoned for commercial use.

Singapore

POMO, a nine-storey office and retail development in Selegie Road, is under exclusive due diligence for a transaction at around S$350 million. The potential buyer that is doing the due diligence is Hong Kong-based private equity real estate group Gaw Capital Partners, BT

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