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AEW to sell Singapore office block for $213m
Transactions - FEBRUARY 23, 2022

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AEW to sell Singapore office block for $213m

by Andrea Zander

AEW has plans to sell 55 Market Street, a 16-story office block in Singapore’s Raffles Place , to an indirect, wholly owned Singapore-based real estate unit of Tokyo-based Kajima Corporation, for nearly S$287 million ($213 million), The Business Times reported.

Built in 2006 the asset totals 73,200 square feet with a variety of retail and F&B outlets on the ground and basement floors.

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