
Here are some of the largest private investment transactions in 1H13
Robinson Point bought for $348.9m.
According to Knight Frank, in 1H 2013, private investment sales for retail and office developments comprised the bulk of total private commercial and hotel investment sales transaction. Mixed commercial developments account for 41.0 per cent of total private commercial and hotel investment sales; pure office developments and retail developments account for 27.0 per cent and 16.4 per cent respectively. Investment transactions for full hotel developments comprised the remaining 15.6 per cent.
One of the largest private investment transactions in 1H 2013 was Robinson Point bought by Tuan Sing Holdings at $348.9 million. Another office development includes 16 Collyer Quay (Hitachi Tower), of which the remaining 51 per cent stake of the building was bought by NTUC Income.
Some other larger deals include the Pines Club, a mixed commercial and hotel development at Stevens Road; and Park Hotel Clarke Quay at Unity Street that were transacted at $318 million and $300 million respectively.
Other prominent commercial transactions include 2HR at Havelock Road purchased by Guthrie at $282.9 million, the sale of Lend Lease’s direct stake of 25 per cent in JEM at about $227 million and 135 Cecil Street at $182 million.