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Perennial leads consortium to acquire AXA Tower for S$1.17b

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Perennial Real Estate Holdings Limited (PREH) has syndicated a consortium of investors to acquire AXA Tower at a property purchase price of S$1.17 billion, translating to S$1,735 per square foot (psf) of net lettable area.

Singapore

PERENNIAL Real Estate Holdings Limited (PREH) has syndicated a consortium of investors to acquire AXA Tower at a property purchase price of S$1.17 billion, translating to S$1,735 per square foot (psf) of net lettable area.

PREH's 31.2 per cent equity investment in the

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