The property’s long WALE and income guarantee for the first three years should cushion it from residential and economic downturns.

The single-storey property at East Coast Road has a freehold site of 2,872 sqft whilst the Balastier Road mixed property has 4,377 sqft.

Heavyweight office deals accounted for 47.1% of overall sales.

This comprises an aggregate amount of $350m in bank loans and a $20m revolving credit facility.

Tightening vacancy and strong absorption drove rents up to $154.84 psf.

The 5,853.1-sqm property in Bukit Panjang was originally put up for sale on 29 November 2018.

This comprises four million ordinary shares and 16 million redeemable convertible preference shares.

F&B brands occupy around 25% of the space.

The price tag represents a premium rate of 8.8%.

The properties, with individual land titles, sit on a combined land area of about 3,870 sqft.

Once fully deployed, Straits Real Estate expects a portfolio value in excess of $700m.

It will repurchase the notes at the daily prevailing market price quoted for the notes.

It will fund the development of Seasons City (Phase 1) in the Sino-Singapore Tianjin Eco-City.

They have dominated the space for more than ten years.

It aims to enhance how it finances the firm’s offices.

The fixed issue price of $0.515 apiece was at the lower end of its $0.515-$0.525 range.

It got an in-principle approval to convert the residential component to serviced apartments.

The average price of the units sold was around $1,800 psf.

Wanjiang Victory Land comprises three adjacent plots with a total site area of approximately 42,343.4 sqm.