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UOL Group to acquire building next to Odean Towers along North Bridge Road for $79.3 mil

By Stanislaus Jude Chan

/ The Edge Singapore |

December 11, 2019 4:11 PM SGT

SINGAPORE (Nov 22): UOL Group is acquiring KH KEA Building along North Bridge Road, which is located next to the company’s Odeon Towers, for $79.3 million.

Located next to Bras Basah Complex, the 9-storey commercial building sits on a land area of 435.2 sqm and has a net lettable area of around 22,075 sqft.

The property has a 999-year leasehold tenure, which started in April 1827.

UOL Group says it intends to explore the possible amalgamation of KH KEA Building and Odeon Towers as well as potential asset enhancement works.

This article - UOL Group to acquire building next to Odean Towers along North Bridge Road for $79.3 mil is originally from TheEdgeSingapore.com

Read also:

UOL Group buys 333 North Bridge Road for $79.3 mil

Liam Wee Sin of UOL Group: Cyclist, conservationist, chief executive

UOL Group: Providing value through realistic pricing, interesting product offering

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