BUGIS Cube has been put up for collective sale via a public tender exercise at a reserve price of S$230 million, marketing agent Cushman & Wakefield said on Monday.
This will make them a cornerstone investor alongside Alibaba, China state-owned Overseas Chinese Town Holding, and an associate company of Hong Kong-based Henderson Land Development.
THREATS from frayed US-China trade relations and a gloomy economic outlook could stifle any recovery for Singapore’s retail and industrial property markets in the near term, according to two research reports released by Colliers International on Wednesday.
