SUNTEC Real Estate Investment Trust Suntec Reit has sold its 30 per cent interest in 9 Penang Road formerly known as Park Mall to Haiyi Holdings. The buyer will pay.
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Suntec REIT Disposes 30 Stake In 9 Penang Road Mixed-use Project.
9 penang road suntec reit. For S2955 million or S2468 per square foot. At an agreed property value of. Suntec REIT announced it had divested its 30 stake in 9 Penang Road to its existing JV partner Haiyi Holdings Pte Ltd at an agreed property value of S2955m 100.
The redevelopment was carried out by Suntec REIT Haiyi. 57 above valuation. SINGAPORE THE BUSINESS TIMES - Suntec Real Estate Investment Trust Suntec Reit has sold its 30 per cent interest in 9 Penang Road formerly known as Park Mall.
Suntec REIT - Divestment of Interest in 9 Penang Roadpdf Suntec REIT - Presentation Slides_Suntec REIT Divests Interest in 9 Penang Roadpdf Suntec REIT - Press. June 17 2021 Suntec REIT announced the divestment of its 300 interest in 9 Penang Road to Haiyi Holdings Pte. In addition to its 30 interest in 9 Penang Road Suntec REIT also holds one-third interests in One Raffles Quay Marina Bay Financial Centre Towers 12 and Marina Bay Link Mall.
1 303 above total development. DBS Group Research continues to rate Suntec REIT a buy with a target. Redefining The Real Estate Investment Landscape With Bolder Thinking.
Situated between Fort Canning Park and Dhoby Ghaut MRT station in the Orchard shopping belt 9 Penang Road consists of two broad 10-storey office towers with dining and. Ad Diversified Portfolios Designed To Meet A Wide Range Of Investor Objectives. Redefining The Real Estate Investment Landscape With Bolder Thinking.
Sale of 30 interest in 9 Penang Road for S2955 million S2468 psf to existing JV partner Haiyi Holdings Pte. Swiss investment bank UBS proposed relocation into 9 Penang may be net positive for Suntec REIT as it removes some uncertainty over the ability of Suntec REIT to fill 9 Penang Road and. Suntec REIT Divests 9 Penang Road for S2955 million.
Ad Diversified Portfolios Designed To Meet A Wide Range Of Investor Objectives. Achieves 305 Return on Investment. Suntec REIT Divests 9 Penang Road.
Suntec REIT has divested its 30 stake in 9 Penang Road formerly known as Park Mall to Haiyi Holdings at an agreed property value of 2955 million or 2468 per sq ft psf based on the. 9 Penang Road is a ten-storey Grade A office property that completed its redevelopment works in 2019. SINGAPORE Suntec REIT has sold its 30 percent.
Singapore 16 June 2021 Suntec REITis pleased to announce the divestment of its 300. DBS keeps Suntec REIT at buy on securing UBS as sole tenant for 9 Penang Road SINGAPORE Apr 18. Suntec REIT has sold its 30 interest in 9 Penang Road UBS Singapore business hub to Haiyi Holdings Pte.
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