Duo office and retail complex is acquired by Allianz Real Estate and Gaw Capital for US$1.17 billion, making it the largest private sector office sale in nearly two years. Photo: SCMP Handout
Duo office and retail complex is acquired by Allianz Real Estate and Gaw Capital for US$1.17 billion, making it the largest private sector office sale in nearly two years. Photo: SCMP Handout
International Property
Property /  International

Allianz and Gaw Capital buy iconic office, shopping complex in Singapore for US$1.2 billion amid ‘flurry’ of investment in city state

  • Allianz Real Estate and the Hong Kong-based private equity fund acquire Duo Tower and Duo Galleria, distinctive features of Singapore’s skyline
  • The acquisition is the latest in a string of high-profile investments in Singapore property recently

Cheryl Arcibal
Cheryl Arcibal

Updated: 6:17am, 31 Jul, 2019

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Duo office and retail complex is acquired by Allianz Real Estate and Gaw Capital for US$1.17 billion, making it the largest private sector office sale in nearly two years. Photo: SCMP Handout
Duo office and retail complex is acquired by Allianz Real Estate and Gaw Capital for US$1.17 billion, making it the largest private sector office sale in nearly two years. Photo: SCMP Handout
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