CapitaLand associate buying Fullshare's office space in Cecil St tower
Deal expected to exceed S$500 million; space changing hands for about S$2,320 psf, below the S$2,600 psf effective price paid by HK-listed China firm
Add BT as a preferred source
Kalpana Rashiwala
Singapore
AN associated company of CapitaLand is buying the office space at the former GSH Plaza in Cecil Street from a fund led by Hongkong-listed Fullshare Holdings in a deal expected to exceed S$500 million.
The building, now known as Plus, is at 20 Cecil Street, beside Republic Plaza.
TRENDING NOW
ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet
Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts
Sats slides 13.6% as investors dump shares on profit-margin squeeze
When every phone becomes a satellite phone, what happens to Asia’s telcos?
