KKR buys Twenty Anson for nearly S$600m from AEW

Singapore

An entity linked to US-based private equity group KKR is understood to be buying Twenty Anson for close to S$600 million from AEW, The Business Times understands.

The price works out to about S$2,900 per square foot (psf) on the net lettable area of 206,200 square feet (sq ft) for the 20-storey office building which is on a site with a balance leasehold tenure of about 84.5 years. It was completed in 2009.