22 Feb '17, 3am

A new party has emerged in the race for Jurong Point

A new party has emerged in the race for Jurong Point

The Business Times has learnt that Mercatus Co-operative - an NTUC social enterprise that owns and manages suburban malls - is now the front runner for Jurong Point. Its bid is understood to be about S$2.2 billion, which would translate to S$3,343 per square foot based on the 658,000 square feet of commercial net lettable area owned by an equal joint venture between Lee Kim Tah Holdings and Guthrie GTS in Jurong Point . In early January, BT had reported that Blackstone, Frasers Centrepoint and Macquarie had been shortlisted to buy Guthrie and Lee Kim Tah's space in Jurong Point. They were among nine parties that made submissions during an expressions of interest exercise that closed last November. The trio were shortlisted for due diligence before final bids submission, which is understood to have been a fortnight ago. Now, it looks like they may be trumped by Mercatus, wh...

Full article: https://www.srx.com.sg/singapore-property-news/33042/a-ne...

Tweets

往年のラッiフiルiズiホテルの資料、ここのサイトが今まで見た中で一番詳しい https://...

nlb.gov.sg 25 Feb '17, 2am

A selection of Raffles Hotel menu cards from the 1930s. From left, sumptuous offerings for breakfast (10 July 1934), lunch...

RUN JUNKIE: Mo Farah's final indoor race. Say i...

flotrack.org 21 Feb '17, 2pm

FloSports, an innovative sports media and events company, based in Austin, Texas, is the authentic source for content and ...

New: 4 Reasons Why Hong Kong’s New Stamp Duty C...

propwise.sg 20 Feb '17, 2pm

By Property Soul (guest contributor) Bloomberg recently published an article on how ‘Hong Kong Property Tax May Help End S...

Understanding the true value of your Unique Mar...

koozai.com 21 Feb '17, 11am

(This is the transcript from our new video so it may not read as well as a normal blog post would) As advertisers, we’ve g...

#buffetmania 5 Catering Services for Your Home ...

camemberu.com 18 Feb '17, 4am

Circles.Life Top 5 Leaderboard and Prizes 5 Catering Services for Your Home or Office Party Oasia Residence: Long Stay Apa...