Sunday, June 5, 2016

BlackRock agrees to sell Singapore office tower to Qatar fund for $2.5 billion

SINGAPORE (Reuters) - BlackRock Inc has agreed to sell a 43-storey office building in Singapore to Qatar Investment Authority, a sovereign wealth fund, for S$3.4 billion ($2.45 billion), in what the U.S. firm said was the largest-ever single-tower real estate deal in the Asia-Pacific region.

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