S$340 million acquisition of Robinson Centre, Singapore by ARA Asset Management Limited and S$225 million loan facilities to the property holding company

A&G News 4 May 2020

Allen & Gledhill advised a private real estate fund managed by ARA Asset Management Limited (“ARA”), as transaction counsel, on the S$340 million acquisition of Robinson Centre (“Acquisition”), an office building located at 61 Robinson Road, Singapore by way of a share purchase transaction.

Allen & Gledhill also advised the property holding company (“Propco”) on the S$225 million loan facilities to refinance its existing borrowings, finance project costs and for corporate purposes in connection with the Acquisition.

Advising ARA were Allen & Gledhill Partners Tan Boon Wah and Lim Chong Ying.

Advising Propco was Allen & Gledhill Partner Jafe Ng.