S$313.2 million acquisition of Central Square, Singapore
A&G News 4 April 2022
Allen & Gledhill, as transaction counsel, advised CDL Constellation Pte. Ltd. (“CDL Constellation”) on the S$313.2 million acquisition of the leasehold interest from Far East H-REIT (through DBS Trustee Limited (in its capacity as trustee of Far East H-REIT)), and reversionary interest from OPH Riverside Pte Ltd (“OPHR”), a wholly-owned subsidiary of Far East Orchard Limited, by way of put and call option agreements, in the property known as Central Square in Singapore.
Advising CDL Constellation was Allen & Gledhill Partner Ernest Teo.