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Suntec REIT divests Park Mall for $411.8 million

SINGAPORE (June 29): ARA Trust Management (Suntec), the manager of Suntec REIT, has agreed to sell Park Mall for $411.8 million. Park Mall is the integrated office, lifestyle and home furnishing mall situated within the Orchard Road shopping belt. In conjunction with the divestment, Park Mall Investment, a joint venture company of which Suntec REIT has a 30% interest, has been set up to redevelop Park Mall into a commercial development comprising two office blocks with an ancillary retail component. ....

Park Mall , United States , Gordon Tang , Singhaiyi Group , Haiyi Holdings , Management Suntec , Orchard Road , Park Mall Investment ,

Alibaba Group Holdings Ltd (NYSE: BABA) And Perennial Consortium To Build Tallest Skyscraper in Singapore

Alibaba Group Holdings Ltd (NYSE: BABA) And Perennial Consortium To Build Tallest Skyscraper in Singapore
journaltranscript.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journaltranscript.com Daily Mail and Mail on Sunday newspapers.

Tanjong Pagar , Singapore General , Gordon Tang , Kuok Khoon Hong , Heng Seng , Ron Sim , Singhaiyi Group , Temasek Holding , Alibaba Group Holdings Ltd , Haiyi Holdings , Redevelopment Authority On , Lion City , Perennial Holdings , Kuok Khoon , Raffles Place , Urban Redevelopment Authority , Guoco Tower , Chip Eng Seng ,