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German shipping group picks up Middle Rd building for S$60m

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Hamburg-based Schulte Group is expected to eventually occupy most of The Prospex, a nine-storey retail and office building next to Bugis+.

Singapore

THE Prospex, a nine-storey retail and office building next to Bugis+, is being sold for S$60 million to a German shipping group.

BT understands that the buyer is Bernhard Schulte Investment Holding, part of the Hamburg-based Schulte Group, a leading independent family-

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