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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

Kalpana Rashiwala

Kalpana Rashiwala

Published Mon, Jun 8, 2015 · 09:50 PM
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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.

BlackRock is said to have appoin…

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