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Singapore’s GIC partners Australia REIT Dexus to set up $1.45b trust and other property news
By PropInvestSG  •  November 26, 2018
GuocoLand’s Beach Road integrated project adds to area’s revamp Business Times, 26 November 2018 GuocoLand announced on Sun the groundbreaking of its integrated project on Beach Road – a project which, when completed in mid-2022, will add to the rejuvenation of the nearly 2 km stretch of road. Guoco Midtown will comprise 770,000 sqft of premium Grade A office space designed for new economy companies; 30,000 sqft of retail and entertainment to draw “novel concepts”; more than 200 residential units; and the former Beach Road Police Station, a conserved building. Last year, GuocoLand and its parent Guoco Group won the 99-year white site with a bid of S$1.622b, which works out to S$1,706 psf ppr – setting a new benchmark for a Government Land Sale site in Singapore. Why Singapore’s office sector continues to draw investors Business Times, 24 November 2018 Commentary by JLL ...
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By PropInvestSG
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