Wednesday 14 September 2016

Share Market News : ARA said to clinch deal to purchase Capital Square office tower stake .

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SINGAPORE (Sept 15): ARA Asset Management has won the offer for a stake in Capital Square office tower in Singapore's focal business locale, as per individuals acquainted with the matter. 

ARA, which is recorded in Singapore, is purchasing the half stake in the building that was placed available to be purchased last year by Alpha Investment Partners, said the general population, who requested that not be recognized on the grounds that the procedure is private. 

The buy will be closed by month-end, one of the general population said, without unveiling the cost of the arrangement.

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