Mapletree Commercial Trust (MCT) is proposing to buy a business park in Pasir Panjang at an agreed property value of S$1.55 billion from Heliconia Realty, a direct wholly-owned subsidiary of Mapletree Investments, MCT’s sponsor.
H1 brought Singapore's investment to 36% of Asia's total outbound spending leading the activity in the region - CBRE revealed in their statement recently.