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Friday, January 21, 2011

Genting S’pore eyes building

SINGAPORE: Casino operator Genting Singapore says its subsidiary Resorts World Properties is in negotiations with Singapore Technologies to buy an office block.

The Singapore Business Times reported that Resorts World is expected to pay about S$1,500 per square foot on the current net lettable area of 98,906 square feet.

This would come to about S$150mil (US$117mil).

By Reuters

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