Transaction marks KKR’s first real estate office investment in Singapore
KKR, a leading global investment firm, today announced the completion of KKR’s acquisition of Twenty Anson, a prime-grade office building in Singapore’s central business district (CBD). The transaction marks KKR’s first real estate office investment in Singapore, and reflects KKR’s confidence in Singapore’s position as a leading regional financial hub and the long-term prospects of its office real estate market.
In Singapore and Southeast Asia, KKR continues to be confident about commercial real estate opportunities on the back of market trends and strengthening macroeconomic tailwinds. Sustainable real estate is also a focus, given the region’s growing emphasis on sustainable cities and as urbanization continues to drive development.
KKR is making its investment from its Asia Pacific real estate strategy. Twenty Anson is KKR’s latest real estate investment in Asia Pacific and adds to past investments in key markets around the region, including Namsan Square, an office tower located in Seoul’s CBD, K Twin Towers, two prime office towers in Seoul’s CBD, World Trade Center, an office complex in Melbourne, Sofitel Sydney Wentworth, a landmark hotel in the financial core of Sydney’s CBD, and a mixed-use property near the iconic Shanghai Bund.
Read more: Business Wire
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