Group taking advantage of tech firms expanding there
SINGAPORE: Blackstone Group Inc is seeking to invest in more properties in Singapore to capitalise on rising demand for office space among technology firms expanding in the city-state.
The plans come after the United States private equity firm announced that it’s purchasing an eight-story building from Lucas Real Estate called the Sandcrawler for S$176mil (US$132mil or RM543mil), confirming an earlier Bloomberg report.
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