IOI Properties acquires Asia Square Tower 2 for S$2.476 bil, boosting Singapore AUM to S$10 bil
PETALING JAYA (April 20): IOI Properties Group Bhd (IOI Properties) last Friday announced that it will acquire CapitaLand Integrated Commercial Trust’s (CICT) 100% interest in Asia Square Tower 2 (AST2), a premium Grade A office asset located in the heart of Singapore’s Marina Bay financial district, for an agreed property value of S$2.