Acquisitions

Parkway Life REIT acquires two nursing homes in Osaka for $16.4m

The REIT will acquire the property at approximately 11.9% below valuation.

Grab Rentals’ acquisition of Trans-cab still under review - CCCS

The acquisition has not been cleared of competition concerns.

Keppel’s  private fund acquires 2 education assets in Sydney for $175m

The acquisition will bring Keppel’s portfolio to $4.3b of assets in Australia.

Competition commission greenlights Fujifilm-CMC Materials KMG Corporation merger

The commission cited four reasons for its financial assessment. 

First Sponsor units acquire Allianz Tower in Rotterdam for $90.6m

The tower is fully leased to Allianz Nederland Groep until 31 December 2035. 

CDL expands Japan portfolio with $78.5m hotel acquisition in Osaka

This marks CDL’s third hotel acquisition in 2023.

IHH Healthcare beefs up stake in India’s Gleneagles Global Hospitals 

The SG-based healthcare provider acquired the additional stake for $121.1m.

CapitaLand Ascendas REIT acquires Seagate’s R&D facility for $218.24m

The acquisition will expand CLAR’s footprint in the one-north district by 13%.

Yangzijiang Shipbuilding to acquire office building at 39 Robinson Road for $399m

The property has a gross floor area of 15,723.92 square metres.

Wing Tai Holdings acquires Holland Tower for $76.3m

The property has a site area of 2032.6 sqm.

Alpina Holdings to take over Wan Dormitory for $24m

The company will use the property for its use.