BlackRock close to selling Woodlands industrial building

Price understood to be S$142m. Separately, Logos SE Asia buying 28 Quality Rd in latest big-ticket industrial property sale

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Kalpana Rashiwala

Published Sun, Feb 21, 2021 · 09:50 PM

Singapore

BIG-TICKET sales of industrial properties continue to be buoyant.

BT understands that BlackRock is in advanced stages of stitching a deal to sell a high-specification light industrial building along Admiralty Street for S$142 million. The buyer is tipped as US-based real estate investment manager AEW.

Singapore property Industrial property

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