SUBSCRIBERS
Gaw Capital fund to acquire PoMo for S$342m
Published Fri, Nov 17, 2017 · 09:50 PM
Singapore
A FUND managed by Gaw Capital Partners has agreed to pay Enviro-Hub Holdings and BS Capital S$342 million for PoMo, a nine-storey office and retail development in Selegie Road.
This confirms an earlier BT report that the Hong Kong-based private equity real estate group was undertaking due diligence.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results