The Business Times
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SINGAPORE PROPERTY

Spanish-turned-Singaporean tycoon sells six shophouses in Stanley Street for S$82.4 million

The portfolio’s new owners are affiliates of Singapore-based Clifton Partners

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Kalpana Rashiwala

Kalpana Rashiwala

Published Thu, Oct 2, 2025 · 03:53 PM
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    • One of the six shophouses sold by Singapore-incorporated Anpora Real Estate is at 8 Stanley Street (centre).
    • One of the six shophouses sold by Singapore-incorporated Anpora Real Estate is at 8 Stanley Street (centre). PHOTO: GOOGLE MAPS

    [SINGAPORE] Spanish-turned-Singaporean tycoon Ricardo Portabella has sold a portfolio of six conservation shophouses in Stanley Street for a total sum of S$82.4 million.

    He bought the properties between 2014 and 2019 for about S$75 million.

    They are now owned by affiliates of Singapore-based real estate investment firm Clifton Partners, which was set up in 2011.

    Singapore propertyshophouses

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