blackrock

Broker's Calls

One likely developer to benefit from acquisition of Asia Square Tower 2

SINGAPORE (March 27): RHB is raising its target price of CapitaLand by 24 cents to $3.84 if reported talks to acquire Asia Square Tower 2 from Blackrock reaches a successful conclusion.

BlackRock said to explore sale of Asia Square Tower 2

(Nov 4): BlackRock Inc., the world’s largest asset manager, is exploring a sale of its second office tower in Singapore’s central business district, people with knowledge of the matter said.

India remains BlackRock’s largest ‘overweight’

SINGAPORE (Sept 7): Blackrock says India remains its largest “overweight” in terms of credit while it continues to be “overweight” and “neutral” in Indonesia and China respectively.

Broker's Calls

Maybank keeps Singapore office REITs at ‘neutral’, remains cautious over falling rents

SINGAPORE (June 23): Maybank is maintaining its “neutral” stance on Singapore’s office REITs with continued concerns over falling rents.

Brexit or Bremain, BlackRock expects ‘far-reaching market implications’

SINGAPORE (June 8): Stay, or go? That is the question on the lips of billions around the world on the topic of Brexit – especially with the UK’s June 23 European Union (EU) referendum looming in the weeks ahead, which will determine whether Britain wi

BlackRock to sell Asia Square Tower 1 for $3.4 bil

SINGAPORE (June 6): Qatar’s sovereign wealth fund, Qatar Investment Authority (QIA), has agreed to purchase the Asia Square Tower 1 office building from global investment management firm BlackRock for a sum of $3.4 billion.
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