|Bid||3.58 x 0|
|Ask||3.59 x 0|
|Day's range||3.57 - 3.60|
|52-week range||2.96 - 3.88|
|PE ratio (TTM)||10.00|
|Earnings date||7 Nov 2017 - 13 Nov 2017|
|Dividend & yield||0.00 (0.00%)|
|1y target est||4.21|
CapitaLand Commercial Trust (CCT) said on Thursday it would buy a 46-storey office tower in Singapore's financial district for S$2.1 billion ($1.55 billion) from BlackRock Inc, the world's largest asset manager. The deal for Asia Square Tower 2 marks Singapore's second-largest office building sale after that of 43-storey Tower 1, which BlackRock sold last year to the Qatar Investment Authority for $2.5 billion.
The sale would be one of Singapore’s biggest real-estate deals so far this year and would be BlackRock’s fourth property sale in the city-state since 2015.
CapitaLand Commercial Trust, Singapore’s biggest office landlord, agreed to buy BlackRock Inc.’s Asia Square Tower 2 for S$2.1 billion ($1.5 billion) in the city’s second-largest ever sale of an office ...