01 The Deal
|Address||112 Robinson Road, Robinson 112, Singapore 068902|
|GFA (sqm)||92,205 sqm|
|Deal Structure||100% interest|
02 The Challenge
03 The Solution
The seller had been very particular on the confidentiality of the transaction given the holding structure. As such, Cushman & Wakefield (C&W) ran a very limited private treaty sale process by approaching only ten target buyers. The ten shortlisted investors were primarily bidders who had participated in a separate Expression of Interest Sale exercise conducted and transacted by C&W a few months prior to this transaction.
Given this is AM Alpha’s first acquisition in Singapore, C&W provided ample guidance on market practices together with research materials to support their underwriting.
04 The Result
For AM Alpha, this marks their first property acquisition in Singapore. They are delighted to have finally acquired a prime freehold office building in Singapore’s core CBD and plan to embark on an Asset Enhancement Initiative to improve the property.