Alpha fund, CDL tie-up put two office assets on the market
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Kalpana Rashiwala
Singapore
AIMING to cash in on the upturn in the Singapore office market, Alpha Investment Partners and City Developments Ltd (CDL) are understood to have put Manulife Centre in Bras Basah Road, and 7 & 9 Tampines Grande up for sale through separate expressions of interest exercises.
The total price tag of the two assets exceeds S$1 billion, The Business Times understands.
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