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Singapore office building on the block for $252m
Transactions - JULY 23, 2020

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Singapore office building on the block for $252m

by Andrea Zander

Financially troubled Pacific International Lines, one of Singapore’s largest container shipping companies, has plans to put its office building near the city’s Raffles Place central business district on the market for a price of S$350 million ($252 million), a source familiar with the transaction told Mingtiandi.

The 17-story building is located at 140 Cecil Street and  totals 107,200 square feet.

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