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Norway fund among bidders for Asia Square Tower 1: sources

CapitaLand and Keppel Land said to have also made offers for the property

Published Tue, Aug 25, 2015 · 09:50 PM

Singapore

NORWAY's sovereign wealth fund is among bidders for BlackRock Inc's Asia Square Tower 1, an office building in Singapore's central business district, according to people familiar with the matter.

CapitaLand Ltd, Singapore's largest developer, and Keppel Land Ltd have also made offers for the property, said the people, who asked not to be identified because the process is private. The office tower could be valued at more than S$3.5 billion, according to the people.

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Property

Property

Norway fund among bidders for Asia Square Tower 1: sources

Property

Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%

Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters

Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up

Country Garden plans to present debt revamp plan in H2, sources say

Hong Kong home prices rise for first time in 11 months after curbs scrapped

HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand

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