Perennial Real Estate Holdings S$1.17 billion acquisition of AXA Tower

24/4/2015

Private acquisition

Value:

S$ 1.17 billion

Status:

Completed

Date:

24/4/2015

Overview:

Perennial Real Estate Holdings has acquired AXA Tower for S$1.17 billion from SG 2.
Perennial Real Estate Holdings will hold a 41.3% stake in the tower together with HPRY Holdings.
Perennial Real Estate Holdings is a Singapore-listed real estate and healthcare company with businesses in China, Singapore, Malaysia, and Ghana.

Katrin Kostadinova - Data analyst

Jurisdiction:

Singapore

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Singapore

Industry sector:

Real estate

Firm:

Allen & Gledhill

Party: SG 2 (Seller)

Lawyers: Jafe Ng, Jerry Koh, Kangxin Ong, Steven Seow

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