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Perennial-led consortium mulls en bloc sale of AXA Tower for $1.65 bil

Jude Chan Published on Mon, Jul 31, 2017 / 6:30 PM GMT+8

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SINGAPORE (July 31): A consortium of investors led by Perennial Real Estate Holdings announced Monday it is considering the en bloc sale of AXA Tower at no less than $1.65 billion.

The other members of the consortium are HPRY Holdings and some other investors.

HPRY is an investment vehicle wholly-owned by Kuok Khoon Hong, chairman and sponsor of Perennial and CEO of Wilmar International.

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