S$1.21 billion acquisition of the land parcel at Holland Road, Singapore
Allen & Gledhill advised Far East Organization (the largest private property developer in Singapore), Sekisui House (a developer listed on the Tokyo Stock Exchange) and Sino Group (a property developer in Hong Kong) (the “Consortium”), as transaction counsel on the joint development structure for the S$1.21 billion acquisition of the land parcel at Holland Road, Singapore.
The land parcel is to be developed into a commercial and residential project.
Advising the Consortium were Allen & Gledhill Partners Ho Kin San, Ernest Teo, Lim Mei Ann, Chua Bor Jern and Lim Chong Ying.
Advising the Consortium on Singapore tax issues was Allen & Gledhill Partner Lim Pek Bur.
