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Commerzbank arm sells 71 Robinson Rd to Sun Venture unit for S$655m

Purchase price translates to around S$2,756 per square foot, based on a net lettable area of 237,644 sq ft

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71 Robinson Road - at the corner of Robinson Road and McCallum Street - is a 13-storey building with around 22,000 sq m of office space, along with two storeys of parking.

Singapore

COMMERZ Real has sold its 71 Robinson Road property to SV Robinson for S$655 million. SV Robinson is a real estate investment company which is a member of the Sun Venture group of companies.

The sale was done through its open-ended real estate fund hausInvest, Commerz...

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