Announced
Completed
Financials
Sources
Tags
Single Bidder
Singapore
office building
Completed
Friendly
Acquisition
Private
Cross Border
Real Estate
Real Estate Holding and Development
Majority
Private Equity
Synopsis
KKR completed the acquisition of Twenty Anson, an office building in Singapore’s central business district. Financial terms were not disclosed. “Our acquisition of Twenty Anson is aligned with our strategy of pursuing opportunities in Southeast Asia, including in Singapore that will benefit from long-term tailwinds such as the city-state’s status as a leading destination for corporations’ Asia headquarters, and as Singapore re-opens and stabilizes in a post-COVID environment. We are also attracted by Twenty Anson’s strong ESG credentials, which tenants increasingly seek and complements KKR’s global expertise in ESG," Jeremy Chee, KKR Principal and Real Estate Lead in Southeast Asia.
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