ARA acquires 12th asset this year

ARA Asset Management has completed the acquisition of Robinson Center, located at 61 Robinson Road in Singapore. A sales price was not disclosed.

Robinson Center is a prominent 20-story office building located along Robinson Road within Singapore’s central business district (CBD). Centered around major CBD nodes, the property is well-connected with close proximity to multiple mass rapid transit stations and bus lines, providing excellent accessibility. With a net lettable area (NLA) of over 130,000 square feet including F&B units on the ground floor, Robinson Center offers some of the highest floor-to-ceiling heights of 3.5 meters (11.5 feet), compared to the typical 3-meter (10-foot) height of recent grade A office developments in the Singapore CB