Robinson 77 is on the market for S$725 million, less than two years after a CLSA fund bought the property for S$530.8 million and just over a decade after another CLSA investment vehicle bought and resold the building within a ten-month period. If the deal materialises by year-end at the expected price of more than S$725 million (or S$2,357 psf on net lettable area), this would most likely be the...
CLSA Capital Partners is said to have been selected to do exclusive due diligence for the purchase of 77 Robinson Road. The pricing is believed to be above S$530 million, or slightly above S$1,800 per square foot based on the net lettable area (NLA) of nearly 293,270 sq ft. Formerly known as Singapore Airlines (SIA) Building, the 35-storey office tower is on a site with 99-year leasehold tenure that...
77 Robinson Road, formerly known as SIA Building, is expected to be up for sale soon. Its owner, German fund manager SEB, could be looking for a price of around $2,300-2,500 per square foot (psf) on net lettable area, which works out to around $678-737 million, property experts reckon. The 35-storey office site has a remaining lease of about 82 years. It has a total net lettable area of about 295,000 sq...
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