The Robinson Centre building has been sold to a private fund managed by ARA Asset Management Limited, according to Sakal Real Estate Partners, which managed the transaction. The 20-storey office building at 61 Robinson Road is located in the Central Business District and has a net leasable area of over 130,000 sq ft. When contacted, Sakal said both buyer and seller agreed not to disclose the...
Alpha Core Real Estate Fund has put up for sale two office blocks in the CBD through separate expression of interest (EOI) exercises. A spokesman for Alpha said the EOI exercises are in response to 'strong market interest in our fund's Singapore office assets'. 'The assets are long-term investments but unsolicited offers have been received and it is our duty as managers to explore if selling now will...
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