Fine Grain Property Consortium (S) Pte Ltd

Real Estate Investment
Real Estate Investment
Real Estate Investment

In 2007, Fine Grain Property established Fine Grain Property Consortium (S) Pte Ltd (the “Consortium”) – a tax-efficient, low-cost investment consortium for a group of international and local Singapore private equity investors.

Under the Consortium, Fine Grain Property orchestrated the acquisition and repositioning of prime properties to raise a total of S$48.8 million. Notable projects include:

  • 700 Beach Road – an eight-storey, 52,000 sq ft property that was repositioned from a 30%-occupied residential building to a 100%-occupied stylish office building
  • 29/31 Tanjong Pagar Road – an adjoining four-storey conservation shophouse property that underwent a cost-effective, design-led refurbishment that
    resulted in a significant increase in rental yields and a substantial profit upon sale

The Consortium concluded its fund life in 2015, with investors receiving the expected level of return, in spite of the fact that the investment had straddled the Global Financial Crisis.