Suntec REIT enters London with £430.6 million acquisition of Nova Properties

SINGAPORE: Suntec REIT has entered into a sale and purchase agreement with Canada Pension Plan Investment Board to acquire a 50% interest in two Grade -A office buildings (Nova Properties)  with ancillary retail for an agreed value of £430.6 million. The properties include Nova North, Nova South and The Nova Building or collectively known as…

Suntec REIT

Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore’s largest integrated commercial  development  (including  one  of  Singapore’s  largest  shopping  Mall),  a  66.3%  interest  in  Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay, a one-third interest  in  Marina  Bay  Financial  Centre  Towers  1  and  2  and  the …