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Tag Archives: a sovereign wealth fund

Qatar fund buys Singapore office tower for $2.5bn

Qatar Investment Authority, a sovereign wealth fund, has agreed to buy Asia Square Tower 1, a 43-storey office building in Singapore, from Blackrock for a record S$3.4 billion ($2.5 billion) in what the US firm said was the largest-ever single-tower real estate deal in the Asia-Pacific region. Asia Square Tower 1, located in the city-state’s financial district, has over 1.25 ...

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