AEW sells Singapore office for $442m to KKR
Transactions - APRIL 4, 2022

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AEW sells Singapore office for $442m to KKR

by Andrea Zander

KKR has paid $442 million for office tower Twenty Anson in Singapore’s Tanjong Pagar area, reported Business Times.

It is KKR’s first real estate acquisition in Singapore and will give the New York-based firm full ownership of the 20-story property.

The sale comes after AEW’s disposition of 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 ($211 million).



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