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Perennial could take up to a 30% stake in AXA Tower
Published Fri, Jan 16, 2015 · 09:50 PM
Singapore
PERENNIAL Real Estate Holdings may take on the role of an asset manager and could take up to a 30 per cent stake in AXA Tower.
Responding to The Business Times story published on Friday, Perennial said: "(The company) wishes to clarify that it is exploring the syndication of a consortium of investors to acquire AXA Tower, taking on the role of an asset manager and potentially investing up to a 30 per cent stake in the property."
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