Singapore Tycoon John Lim’s ARA Sells Singapore Office Tower For $314 Million As Investor Appetite Returns

ARA Asset Management—partly owned by tycoon John Lim—has agreed to sell an office tower in the Singapore central business district for S$422 million ($314 million), adding to signs investor appetite is returning despite the lingering impact of the pandemic.
ARA Asset Management—partly owned by tycoon John Lim—has agreed to sell an office tower in the Singapore central business district for S$422 million ($314 million), adding to signs investor appetite is returning despite the lingering impact of the pandemic.