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Alpha's Capital Square stake may fetch S$543.5m
CBRE and JLL appointed joint marketing agents for the 50% stake and will conduct an expressions of interest exercise for the property
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Kalpana Rashiwala
Published Thu, Apr 2, 2015 · 09:50 PM
Singapore
KEPPEL Land unit Alpha Investment Partners' 50 per cent stake in Capital Square along Church Street in the CBD is expected to fetch around S$543.5 million.
This reflects a price of S$1.09 billion for the entire asset - translating to around S$2,800 per square foot based on the 388,215 sq ft total net lettable area (NLA).
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