facebookIsn't it weird that AXA is moving out of AXA Tower? What caused this though? Is this an indication that AXA is not doing well? - Seedly

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Anonymous

07 Dec 2020

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Isn't it weird that AXA is moving out of AXA Tower? What caused this though? Is this an indication that AXA is not doing well?

Just find it super weird that the company who owns the building is actually leaving that building. Is this even normal?

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The building is slated for redevelopment by the owners. So that is the reason that the company is shifting out.

And AXA is not the owner of the building. It is jointly owned by Perennial and Alibaba. AXA paid for the naming rights.

https://www.channelnewsasia.com/news/business/a...

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