02 Mar 2022

S$286.9 million disposal of the entire issued and paid-up share capital of a special purpose vehicle which is the registered proprietor of 55 Market Street, Singapore

Partners Norman Ho, Hoon Chi Tern and Gazalle Mok from Rajah & Tann Singapore acted in the S$286.9 million disposal of the entire issued and paid-up share capital of a special purpose vehicle which is the registered proprietor of 55 Market Street, Singapore. The property, strategically located in the heart of the Central Business District, has a leasehold tenure of 999 years and is zoned commercial with a gross plot ratio of 15.0.