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Singapore s GIC looks to sell Tokyo office tower for $2 billion

The report says GIC has approached potential buyers about the 43-storey Shiodome City Centre.

GIC Weighs Sale of Tokyo Building for More Than $2 Billion

(Bloomberg) Singapore sovereign wealth fund GIC Pte is considering the sale of a top-grade Tokyo skyscraper and has approached potential buyers about the property, according to people with knowledge of the matter.Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets Wrap

SG Digest: TPG-backed firm may put oncology centres on the block; GIC weighs sale of Tokyo skyscraper

TE Asia Healthcare Partners is weighing the sale of its oncology centres in Hong Kong, while GIC is considering selling a 43-storey Tokyo building.

GIC considering sale of Tokyo skyscraper for over $2 billion

The sale plans come as a glut of new office supply is expected in Tokyo over the next two years, potentially tempering investor appetite.

GIC weighs sale of Tokyo office tower for more than $2 78b

Singapore sovereign wealth fund GIC is considering the sale of a top-grade Tokyo skyscraper and has approached potential buyers about the property, according to people with knowledge of the matter. Read more at straitstimes.com.

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