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.
TRENDING NOW
Singapore developer in limbo after Timor-Leste’s shock scrapping of major township project
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
US-China summit: Trump sees ‘better’ ties, Xi warns over Taiwan, as talks conclude
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think