You are here

Hiap Hoe buys Aloft Perth hotel and office building for A$100m

Sale and purchase deal is with BGC (Australia) affiliate; Hiap Hoe says acquisition does not require shareholder approval

Singapore

HIAP Hoe has entered into a sale and purchase agreement to acquire the 224-room Aloft Perth hotel and an office building for A$100 million (S$99.2 million) from BAAC Pty Ltd, an affiliate of Australian manufacturing, building and construction company BGC (Australia) Pty Ltd....

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes