UOL Sells Kinex Mall in Tanjong Katong for $375 Million

UOL sells Kinex mall in Tanjong Katong for $375 million

The sale is the latest in a series of divestments by UOL. Read more at straitstimes.com.

UOL Group Selling Singapore Mall to Mainland Family for $292M - Mingtiandi

UOL Group has agreed to sell the Kinex mall in the eastern fringe of central Singapore for S$375 million ($291.9 million), with market sources naming mainland Chinese investors as the buyers. Kinex consists of a three-storey retail podium situated below... Read More>> The post UOL Group Selling Singapore Mall to Mainland Family for $292M appeared first on Mingtiandi.

UOL to sell KINEX mall for $375 million

UOL Group plans to sell the KINEX mall for $375 million, in another key divestment move by the property and hospitality company. The buyers are two entities Kinex Times Square and Xiaohong Property Management. "The proposed divestment provides an opportunity for the group to unlock the value of its investment in KINEX, and is part of the group’s reconstitution of its overall property portfolio," says UOL. The property is carried on UOL's books a…

UOL sells Kinex mall for S$375 million

The sale of the Tanjong Katong Road property will be completed on Oct 31