GIC weighs sale of Tokyo skyscraper

The tower, 43-story Shiodome City Centre in one of Tokyo’s central business districts, may fetch a price of at least 300 billion yen (US$2bil), sources said. — Bloomberg

TOKYO: Singapore sovereign wealth fund GIC Pte is considering the sale of a top-grade Tokyo skyscraper and has approached potential buyers about the property, according to people with knowledge of the matter.

The tower, 43-story Shiodome City Centre in one of Tokyo’s central business districts, may fetch a price of at least 300 billion yen (US$2bil), two of the people said.