Keppel REIT's 30-story Prudential Tower now up for sale

Get ready to splurge $490m.

According to a report by Bloomberg, Keppel REIT (KREIT), the second-biggest office property trust in Asia excluding Japan, is seeking buyers for its 30-story Prudential Tower in Singapore’s financial district, according to two people familiar with the matter.

Keppel REIT owns a 92.8 percent stake in the tower, which was valued at S$490 million ($384 million) as of Dec. 31 by independent valuers, according to the company’s filing on Jan. 20. The property is fully occupied, the report showed.

Read full report here.

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