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Perennial sells remaining 30% stake in 111 Somerset to Stanley Ho's Shun Tak for S$155m

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Perennial Real Estate Holdings is divesting its entire 30 per cent stake in 111 Somerset, known locally as TripleOne Somerset, to gambling mogul Stanley Ho's Shun Tak Holdings for S$155.1 million in cash.

Singapore

PERENNIAL Real Estate Holdings is divesting its entire 30 per cent stake in 111 Somerset, known locally as TripleOne Somerset, to gambling mogul Stanley Ho's Shun Tak Holdings for S$155.1 million in cash.

111 Somerset is a prime integrated development, comprising two...

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