The Business Times
business-time-50

Gaw Capital, Allianz in talks to buy Duo office, retail space for over S$1.5b

google-preferred-sourceAdd BT as a preferred source
Kalpana Rashiwala

Kalpana Rashiwala

Published Thu, May 30, 2019 · 09:50 PM

    Singapore

    A GAW Capital Partners-led consortium that is expected to include Allianz Real Estate is negotiating to buy the office and retail space at the Duo project in the Bugis area.

    The Business Times understands that a deal has yet to be inked. The pricing being discussed is expected to be shy of S$2,600 per square foot for the total net lettable area (NLA) of about 615,000 sq ft for the office and retail space.

    Allianz

    TRENDING NOW

    Professional oversight can help investors avoid emotion-led decisions, shares Chew Mun Yew, managing director and head of UOB Private Bank.

    Why disciplined stewardship matters when managing wealth in uncertain markets

    Themed “Timeless principles, timely solutions: Nurturing trust in a changing world”, Singapore Convention Week 2026 will run from Aug 24 to 28.

    Trickier across borders: Why commercial disputes are getting more complex

    Semakau now houses the city-state’s offshore landfill. The first refinery operates in Bukom, and an airstrip is located on Pulau Sudong.

    NDR 2026: Singapore to create new Western island to support 'new generation of industries'

    ‘A relationship-first approach means taking time to understand the client’s ambitions, family dynamics and long-term objectives before discussing financial solutions,’ says Alice Tan, Maybank’s head of group wealth management.

    The inside track: Maybank Private banks on Asean reach, human touch to widen wealth franchise

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More