Qatar Investment Authority S$3.4 billion acquisition of Asia Square Tower 1

Overview:

• Qatar Investment Authority (QIA) has acquired Asia Square Tower 1 for S$3.4 billion ($2.45 billion) from BlackRock.
• The sale of the 43-story office tower is expected to be the largest deal in the commercial office space in Singapore this year.
• Sidley Austin (Charlie Wilson) acted for BlackRock.
• Allen & Gledhill and Linklaters advised QIA.
• Dentons Rodyk & Davidson acted as Singapore counsel for real estate matters.

Candy Chan - Journalist - Asia-Pacific