OUE to sell Oakwood serviced residences for S$289m

Property developer OUE has inked agreements to sell Oakwood Premier OUE Singapore, its luxury serviced residences and hotel business in Shenton Way, for S$289 million. The buyers are joint venture firms formed by Hong Kong financial services firm AMTD Group and hotel operator Dorsett Hospitality International. Dorsett is wholly owned by Hong Kong-listed property giant Far East Consortium International...

OUE acquiring two land parcels at Nassim Road after successful tender

PROPERTY developer OUE Limited is acquiring two land parcels within Singapore's most exclusive Good Class Bungalow enclave for S$56.6 million. In an announcement on Thursday evening, it said that it has successfully tendered for the two land parcels totalling 3,100 square metres at 28 Nassim Road, which are adjacent to Eden Hall, the residence of the British High Commissioner. The bid price was...

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