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Q3 property investment sales slip in absence of Q2's Asia Square deal

URA's tender closing for Central Boulevard site, sale of 77 Robinson Rd and half stake in Capital Square among deals expected in fourth quarter

The biggest transaction in Q3 2016 was the S$1.78 billion acquisition of Mapletree Business City (Phase 1) comprising an office tower and three business park blocks.


BIG-TICKET property transactions, or what are termed investment sales of real estate, fell in the third quarter of this year from the high base in the preceding quarter (which was bolstered by the S$3.4 billion sale of Asia Square Tower 1) .

That said, property