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Chevron House owner said to be seeking buyer

Source says German owner Deka could get S$700m for it

Deka acquired the property for around US$420 million in 2010 from a property fund managed by Goldman Sachs Group. The high-rise skyscraper in Raffles Place houses tenants such as Chevron Corp's Singapore unit.


DEKA Immobilien GmbH, a unit of Germany's DekaBank Group, is putting up an office building for sale in Singapore's central business district, according to a person familiar with the matter.

The tower, Chevron House, could fetch about S$700 million, said the person, who...