SINGAPORE (Dec 26): First Sponsor Group has entered into a sale and purchase agreement for the proposed acquisition of the majority apartment rights of a mixed use office building in Amsterdam, the Netherlands, for 55.5 million euros (S$88.6 million).
Meerparc is a five-storey strata-titled freehold property located in the South Axis, the main central business district of Amsterdam.
The property sits on a site area of 9,744 sqm, and has a lettable floor area which includes 12,200 sqm of office space and 4,618 sqm of retail/commercial space... (Click here to read the full story.)