Thu, Jul 7, 2022
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

CapitaLand-Norges joint venture out of Asia Square deal - for now

Posted on 05 November 2015

Negotiations are off “for now” between BlackRock and a consortium that includes CapitaLand and Norges Bank Investment Management (NBIM) on the sale of Asia Square Tower 1 in what could be the biggest office transaction in Singapore. NBIM manages Norway’s sovereign wealth fund, while BlackRock is the world’s largest asset manager.
Word in the market is that BlackRock has been talking to another party that was shortlisted following the close of an expression of interest exercise for the sale of the tower in August. The potential buyer is believed to be a consortium being stitched together by ARA Asset Management that includes South Korean SWF Korea Investment Corporation (KIC) and the California Public Employees’ Retirement System (Calpers)………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
July 2022
M T W T F S S
« Nov    
 123
45678910
11121314151617
18192021222324
25262728293031