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Robinson Centre close to being sold: sources

Price expected to be in the range of S$2,550-S$2,600 psf; buyer understood to be a private fund managed by ARA

Kalpana Rashiwala

Published Mon, Dec 2, 2019 · 09:50 PM

ara asset management

Singapore

ROBINSON Centre, a 20-storey office building in the CBD, is close to being sold, BT understands.

Market watchers expect the pricing to be around S$340 million, or in the range of S$2,550-S$2,600 per square foot based on the building net lettable area of about 132,300 sq ft. Robinson Centre is on a site with about 76 years left on its leasehold tenure.

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