Acquisitions

FLCT acquires Tuas South property for $140.3m 

The trust financed the acquisition through debt financing.

FLCT acquires Tuas South property for $140.3m 

The trust financed the acquisition through debt financing.

CDLHT acquires Hotel Indigo Exeter and retail units for $33.2m

Its retail units have existing leases which will continue until 2033.

Civmec to acquire Luerssen Australia in non-binding agreement with NVL

Luerssen Australia builds patrol vessels for the Royal Australian Navy.

Trek Technology to acquire 20% stake in China Chips Star Semiconductors

The chip company recorded $4.44m in revenue with net assets of $4.11m.

CLAS divests Citadines Karasuma-Gojo Kyoto for $53.1m

The price was 40.1% above the asset's book value.

TEHO's Korea unit plans $2.95m acquisition of Busan warehousing facility

The company already made a down payment of $295,000 to the vendor. 

GIC and TPG Rise Climate to acquire Techem Group for €6.7b

The parties expect to close the transaction in the first half of 2025.

Mapletree Industrial Trust acquires 98.47% stake in Tokyo mixed-use facility

It will acquire the asset from Nagayama Tokutei Mokuteki Kaisha.

EMA clears Sembcorp’s acquisition of 30% stake in Senoko Energy

Acquisition awaits conditions, including Senoko shareholders' pre-emption rights.

DL Holdings to acquire part of Singapore wealth firm for US$50m

The SG firm has an AUM exceeding US$2.6b ($3.4b).

Sembcorp acquires 30% stake in Senoko Energy

The acquisition is subject to approval.