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FINANCIAL NEWS
Qatar fund agrees to buy Singapore Tower at USD 2.5bn
06 Jun 2016
(MENAFN) Qatar Investment Authority has confirmed to buy Asia Square Tower in Singapore, from Blackrock for a USD 2.5bn.
Moreover, Asia Square Tower 1 has more than 1.25mn square feet of net lettable area and has Citigroup as its anchor tenant.
Accordingly, it is expected to be increasing investor interest in Singapore prime office in the coming months.
Meanwhile, developers plan to add 4mn Sq Ft of office space in Singapore this year and another 1.4mn in the coming year.
More News
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
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