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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| BlackRock Inc | NYSE:BLK | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 6.91 | 0.91% | 763.91 | 771.55 | 762.70 | 765.70 | 558,117 | 01:00:00 |
From May 2019 to May 2024
By P.R. Venkat
SINGAPORE-- Asset manager BlackRock Inc. (BLK) agreed to sell an office building in Singapore's central business district to sovereign wealth fund Qatar Investment Authority for US$2.45 billion
The deal is the largest-ever single-tower real estate transaction in the Asia-Pacific region.
BlackRock, one of the world's largest asset managers with US$4.7 trillion assets under management, had put Asia Square Tower 1 on the block last year. Citigroup Inc. (C), Google Inc. and private-equity firm KKR are among its tenants.
The 43-story property comprises more than 1.2 million square feet of Grade A office space and nearly 40,000 square feet of retail space, according to a statement from Jones Lang LaSalle and CBRE Group Inc., which conducted the sale for BlackRock.
Write to P.R. Venkat at venkat.pr@wsj.com
(END) Dow Jones Newswires
June 05, 2016 22:28 ET (02:28 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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