Asia Square Tower 1 sets Asia-Pac record

Singapore

SINGAPORE'S Asia Square Tower 1 has set the record of being the largest single-asset and office transaction in the Asia-Pacific region with a sale value of US$2.45 billion, according to real estate consultancy JLL.

The 43-storey retail and office building was sold earlier this month by global investment management firm, BlackRock, to Qatar Investment Authority's sovereign wealth fund