Altallo Core Fund VCC’s Acquisition of Four HDB Commercial Units

Rajah & Tann Singapore, member firm of Rajah & Tann Asia, acted for Altallo Core Fund VCC in the acquisition of the entire issued and paid-up share capital of Ang Mo Kio (LB) Pte. Ltd., Bukit Merah (LB) Pte. Ltd., Toa Payoh (LB) Pte. Ltd., and Clementi (LB) Pte. Ltd (the “Properties”) as well as the financing of the acquisition. The Properties comprise large-format HDB commercial units anchored by strong, high‑footfall tenants including NTUC FairPrice and Courts Singapore. Senior Partner Norman Ho and Partner Gazalle Mok from the Corporate Real Estate Practice and Partner Loh Chun Kiat from the Mergers & Acquisitions Practice led the transaction.