Alibaba to buy 50% stake in AXA Tower


Alibaba Group acquire 50 per cent stake of Singapore AXA Tower, amounting estimate S$1.68 billion.

Spokesperson by Perennial Real Estate Holdings express that AXA Tower 50-storey of grade-A office and a retail podium of has existing estimate 1.05 million sq ft gross floor area, secured regulatory approval from Singapore URA to increase its floor area to 1.55 million sqft, potentially enhancing integrate hotel and residential space under the CBD Incentive Scheme.

JLL representing Alibaba express, “technology and e-commerce companies are vital providers, hence pend up demand for their services and strong capital positions. Singapore, having gateway presents to be attractive destination for Alibaba’s expansion deployment.”

Meyer Mansion a freehold new launch near Singapore East Coast Sea as well as easy access to Central of Singapore.

Source: channelnewsasia

Book An Appointment to view Meyer Mansion ShowFlat & get VVIP Discounts (Limited Time), Direct Developer Price, & Hardcopy E-Brochure. Guaranteed with Best Price Possible.


Fill up the form on the right and get a copy of Meyer Mansion Price, E-Brochure, and Latest Updates!

 Strictly no spam policy.

error: Content is protected !!