Mapletree Commercial Trust (MCT) is proposing to buy a business park in Pasir Panjang at an agreed property value of S$1.55 billion from Heliconia Realty, a direct wholly-owned subsidiary of Mapletree Investments, MCT’s sponsor.
The most crucial part of a deal is closing it. When it comes to negotiating, you better make it quick, otherwise it will turn into an undesirable, and never-ending torture.