Acquiring Company
IOI Properties Group Berhad
Acquired Company
Shenton 101
Putrajaya
SingaporeReal EstateReal EstateCommercial Real EstateDescription
IOI Properties Group has agreed to buy Shenton House in Singapore from its CEO for approximately S$593.3 million. The acquisition includes plans to redevelop the site into a larger tower with office space and a hotel. This transaction is seen as a strategic move to expand IOI's Singapore portfolio. Completion is contingent upon several approvals and is expected to begin by 2027.
Fundz sees it the moment IOI Properties Group Berhad makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Shenton 101?
Shenton 101 was acquired by IOI Properties Group Berhad, based in Putrajaya. The deal was reported on October 4, 2026. IOI Properties Group Berhad is a leading property developer in Malaysia. The company engages in property development, investment, and management with a focus on creating sustainable communities. IOI Properties Group Berhad is privately held and operates in Real Estate.
When did IOI Properties Group Berhad acquire Shenton 101?
IOI Properties Group Berhad's acquisition of Shenton 101 was reported on October 4, 2026. IOI Properties Group has agreed to buy Shenton House in Singapore from its CEO for approximately S$593.3 million. The acquisition includes plans to redevelop the site into a larger tower with office space and a hotel. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Shenton 101 do?
Shenton 101 is a private company that owns the Shenton House office building in Singapore. The building is a 25-storey tower situated in a prime location. It provides commercial office space and has plans for redevelopment by IOI Properties. It is privately held, operating in Real Estate, and is based in Singapore.
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