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ARA buys Robinson Centre via private real estate fund

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Sharanya Pillai

Sharanya Pillai

Published Mon, Dec 30, 2019 · 09:50 PM

    Singapore

    ARA Asset Management has purchased Robinson Centre for an undisclosed sum via one of its private real estate funds, the real estate asset manager revealed in a press release on Monday.

    The Business Times had reported on Dec 3 that ARA was a potential buyer for the 20-storey office building, with market watchers expecting the price to be around S$340 million, or about S$2,550-2,600 per square foot.

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