Kajima buys ageing office asset in Peck Seah Street ripe for redevelopment. Buying fervour spreads to industrial segment, with LaSalle Investment Management acquiring ramp-up facility in Aljunied
Indonesian tycoon Sukanto Tanoto, Bright Ruby Resources and CDL-BlackRock tie-up seen to have submitted revised offers for Income At Raffles. Baring Private Equity Asia is in exclusive due diligence for Parkview Square.
The transaction marks the highest psf price ever achieved for an entire floor in Suntec City Tower 2, and the largest transaction by quantum price in 2022 so far