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Norway fund among bidders for Asia Square Tower 1: sources

CapitaLand and Keppel Land said to have also made offers for the property

Published Tue, Aug 25, 2015 · 09:50 PM

    Singapore

    NORWAY's sovereign wealth fund is among bidders for BlackRock Inc's Asia Square Tower 1, an office building in Singapore's central business district, according to people familiar with the matter.

    CapitaLand Ltd, Singapore's largest developer, and Keppel Land Ltd have also made offers for the property, said the people, who asked not to be identified because the process is private. The office tower could be valued at more than S$3.5 billion, according to the people.

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