More News
INSTITUTIONAL INVESTMENT | Staff Reporter, Singapore
view(s)

OUE completes acquisition of US Bank Tower

Acquisition price was S$459,375,000.

In a release, Overseas Union Enterprise announced that it has completed the acquisition of US Bank Tower and related properties in downtown Los Angeles. 

As previously announced, the acquisition from Library Square Associates, LLC, a subsidiary of MPG Office Trust Inc., a US REIT, was done via the Company's indirect wholly-owned U.S. subsidiary, Beringia Central LLC.

The agreed total acquisition price was US$367,500,000, or approximately S$459,375,000.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.