To read this full article you need to be subscribed to Newsline.
Sign in Sign up for a FREE subscriptionOxley Holdings sells Singapore office for $758m
Oxley Holdings has received an unsolicited expression of interest in the amount of S$1.025 billion ($758 million) for the Chevron House building at Raffles Place.
Mingtiandi reported AEW as the new owner of the 32-story asset.
Oxley bought the Chevron House for S$660 million ($488 million) in 2018 from Deka Singapore.
In June 2018, AEW held a final close for its third Asia Pacific value-added fund, AEW Value Investors Asia III (VIA III), with commitments totaling $1.12 billion. The commitments were inclusive of client co-investment capital.
