Savills Investment Management to grow Asian footprint
Last November, Savills Investment Management divested two assets in Singapore — its stake in Chinatown Point to partners Perennial Real Estate Holdings and Singapore Press Holdings for S$92.6 million, and 77 Robinson Road to CLSA Capital Partners for S$530.8 million. “I think the timing of the disposal of 77 Robinson Road was fortuitous,” says Justin O’Connor, the London-based CEO of Savills Investment Management, who was in Singapore recently.