SUBSCRIBERS
BlackRock puts Asia Square's Tower 1 up for sale
Price tag said to be S$4b; group could be open to selling its space in Tower 2 which may be worth S$2.5b
Published Mon, Jun 8, 2015 · 09:50 PM
Singapore
ASSET management giant BlackRock has put up Asia Square Tower 1 for sale. The price tag is said to be about S$4 billion for the 43-storey tower, which would work out to around S$3,200 per square foot of net lettable area.
Tower 1 has 1.2 million square feet of offices and about 40,000 sq ft of retail space.
Copyright SPH Media. All rights reserved.
