Property
Property news round up 25 Mar 2018
By PropInvestSG  •  March 25, 2018
CBRE is relocating its main Singapore office to Paya Lebar Quarter (PLQ) in the middle of next year, and hopes to turn the new office into a “living lab” or a showcase for new proprietary technologies. The new office spanning over 30,000 square feet at PLQ will bring together its operations currently at three different locations, including a prime CBD address at 6 Battery Road. But CBRE will still retain a core CBD office to serve clients in the area, said Pauline Goh, chief executive officer of CBRE Singapore and South-east Asia. KEPPEL Corp on Sunday said that it has through Keppel Land’s wholly-owned subsidiary, Oil (Asia) Pte Ltd, acquired the remaining 10 per cent stake in Jencity Limited, which holds Saigon Sports City, for about US$11.4 million. It bought the stake from Jenclub Limited. Following the acquisition, Keppel Land will hold a 100 per cent interest in Saigon Sports ......
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By PropInvestSG
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