The Business Times
business-time-50

UOI to buy 146 Robinson Road from UOB for S$52 million

google-preferred-sourceAdd BT as a preferred source
Published Wed, Dec 18, 2019 · 09:50 PM

Singapore

UNITED Overseas Insurance (UOI) plans to buy the office property located at 146 Robinson Road, also known as Overseas Union Trust Building, from United Overseas Bank (UOB) for S$52 million, it said on Wednesday.

The property will be UOI's first real estate investment and it intends to move its own operations into the premises.

UOB

TRENDING NOW

Performance was mixed across Singapore, Thailand and Hong Kong Reits in June.

S-Reits poised for rerating despite hawkish Fed backdrop: DBS

This comes after a Citi note that lifted target prices for all Singapore banks, with a leading preference and “buy” call for DBS.

DBS, OCBC and UOB shares hit all-time highs as sentiment improves

The Urban Redevelopment Authority urges developers to apply due diligence measures that match the nature and complexity of the property purchase.

URA urges developers to take ‘risk-proportionate’ approach to anti-money laundering checks

Recent cuts at e-commerce platforms such as Shopee is signalling shifting business priorities.

E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement

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