Tycoon Lim Chap Huat, Blackstone Sell Singapore Properties To Warburg-Backed JV For $1.2 Billion

Singapore property tycoon Lim Chap Huat and partner Blackstone agreed to sell their office and industrial properties in the Lion City to New York-based private equity firm Warburg Pincus and Australian developer Lendlease for $1.2 billion.