EOI for half stake in CCT's One George St closed in December
Guide price of S$2,400 psf to S$2,600 psf given to bidders: sources
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
AN EXPRESSION of interest (EOI) exercise ended early last month for the sale of a half stake in CapitaLand Commercial Trust's One George Street office tower in the CBD, say sources.
It is understood that CCT and the incoming investor will each hold 50 per cent of shares in a new special purpose vehicle that will be set up to own the 23-storey tower. The building is on a site with a balance lease term of 86 years.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
