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ARA, Chelsfield acquire Manulife Centre in Singapore for S$555.5m
Joint venture plans to transform 241,000 sq ft property into a unique lifestyle-based workplace asset
Published Fri, Jan 4, 2019 · 09:50 PM
Singapore
ARA Asset Management and British property group Chelsfield have jointly acquired Manulife Centre at 51 Bras Basah Road for around S$555.5 million.
That's about S$2,305 per square feet for the 11-storey commercial building with a net lettable area of over 241,000 sq ft.
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