Buyer fails to extend due diligence for ABI Plaza
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Singapore
ATTEMPTS to sell two office towers - ABI Plaza in Tanjong Pagar and PIL Building in Cecil Street - have hit a snag.
In the case of ABI Plaza, a private fund managed by CapitaLand that was doing exclusive due diligence with a view to buying the 12-storey freehold block did not enter into a deal when the exclusivity period ended last Friday .
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