Raine Square to go for $420m THE Perth skyscraper Raine Square, which has been put up for sale by receivers, has attracted nine bids, sources say, with the property predicted to sell for about $420 million. Last week, The Australian reported that Charter Hall, AMP Capital, GPT Group and possibly the Future Fund were believed to be among the bidders for the property, but it is now understood that other bidders have included Singapore's CIMB, the Canada Pension Plan, Singapore's Rockworth Capital Partners, which has previously bought shopping centres in Perth, and locally based GDI Property Group.