Oxley gets potential offer for Chevron Hse

Singapore

OXLEY has found a potential buyer for Chevron House, after owning the Grade-A office building in Raffles Place for about a year.

The purchase consideration is S$1.025 billion and the potential buyer is US-based real estate fund AEW, The Business Times (BT) understands.

Oxley said on Thursday that it had accepted an expression of interest (EOI) to acquire Chevron House. The EOI is not legally binding and is subject to the co…