Singhaiyi Group in final negotiations on US real estate projects

SINGHAIYI Group announced on July 3 that its partner, private investment firm American Pacific International Capital (APIC), is in the final negotiation stage for two real estate projects in America.

This will be for the purchase of an existing office building and a residential development site.

The company also has entered a memorandum of understanding with ChinaSF and APIC, for a proposed San Francisco China Centre to be located at a property at the Port of San Francisco at Pier 19.

It is known as the Pier Project, and has a site area of about 100,000 square feet, which will be developed for office space, restaurant and dining space, exhibition and convention space, function and ballroom space, as well as gallery space.