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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
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
26 Jan 2026
BBK Enhances Autumn Fair 2026 Experience with Customized Rewards and Premium Services
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