CCT sells Twenty Anson for S$516m in biggest pure-office deal this year

Singapore

CAPITALAND Commercial Trust (CCT) is selling Twenty Anson, a 20-storey office building in Tanjong Pagar, to an undisclosed buyer for S$516 million, in the biggest pure-office, real-estate deal this year.

The announcement by the trust's manager on Friday confirms a report by The Business Times last month that such a divestment was in the works as part of CCT's ongoing asset portfolio reconstitution.

After several bids were weighed, the development fetched a pri…