SINGAPORE (Apr 6): Perennial Real Estate Holdings' (PREH) strength is its ability to pair up with partners with significant capital to co-develop projects, says DBS Vickers.

PREH has entered into a joint venture (JV) with China's Qingjian Group to develop the 360,130 sf freehold residential site at Goodluck Gardens at Toh Tuck Road.

See: Perennial enters joint venture to develop former Goodluck Garden site

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