SUBSCRIBERS

Anson House put up for sale for $175-180m

Prudential Tower, Equity Plaza, AXA Tower understood to be on the market too

Kalpana Rashiwala

Kalpana Rashiwala

Published Wed, Feb 5, 2014 · 10:00 PM

IT seems Anson House finds a new owner every two or three years. Its current owner, CBRE Global Investors, is understood to have put the 13-storey office block up for sale, with an indicative pricing of $175-180 million.

That would translate to $2,292-2,357 per square foot on net lettable area (NLA) of 76,362 sq ft for the building, which is on a site with about 82 years of remaining lease.

About 20 per cent of the building is currently vacant, which allows for a potential occupier seeking to partly occupy the building as well as provision for signage and naming rights.

Copyright SPH Media. All rights reserved.