Low Keng Huat to acquire 20% stake in AXA Tower

Low Keng Huat to acquire 20% stake in AXA Tower

Singapore-listed Low Keng Huat Limited said it will acquire 20 per cent stake in AXA Tower as it joins the consortium of investors led by realty company Perennial Real Estate Holdings (PREH) that had last week reached a deal to buy the building located in the heart of Singapore’s Central Business District for S$1.17 billion ($870 million).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter