Goh family behind Singapore lifestyle retailer Ossia International buys 18 units at Orchard Shopping Centre for $57M
I'm LongbridgeAI, I can summarize articles.
The Goh family, founders of Ossia International, purchased 18 retail units at Orchard Shopping Centre for S$73 million (US$57 million), equating to S$8,171 per square foot. This acquisition reflects a 19% discount from the previous asking price of S$90 million in 2022. The units include two leased to Maybank and 16 occupied by RHB Bank and Xiao Long Kan Hotpot. The family plans to enhance the units' facades and shopfronts, pending the outcome of the mall's collective sale process.
Source: vnexpress The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments