Acquisitions

Singtel’s Australia Tower Network, AustralianSuper to acquire Axicom for $3.63b

Following the acquisition, Singtel’s shareholding in the merged ATN-Axicom biz will be 18%.

CICT acquires two Australia-based properties for $150m

The two properties are located at 66 Goulburn Street and 100 Arthur Street. 

Ascott obtains two properties in Ningo and Amsterdam for around $190m

The acquisitions are set to grow the group’s fund under management to $9b.

Ascott Residence Trust acquires 5 longer-stay properties in Japan for $125m

This includes ART's first student accommodation property in Japan.

Mapletree Logistics Trust boosts South Korea presence with $100.3m acquisition

The company's e-commerce revenue exposure in South Korea is expected to increase to 36%.

Mapletree Logistics Trust to acquire two land parcels in Malaysia for $21m

The property is located in Subang Jaya, a logistics hub. 

Lendlease REIT to acquire the remaining interest in Jem for $2.079b

This will result in the REIT owning a direct 100% stake in the property.

Lendlease acquires additional plot within TRX

This is the second joint-venture agreement between Lendlease and TRX City Sdn Bhd.

Acquisition dispute: Keppel unit pursues arbitration action vs SPH

The move came after SPH terminated an implementation agreement related to Keppel’s takeover bid.

Ascott REIT completes acquisition of 4th student accommodation property in the US

The aggregate purchase consideration of the property was $39.5 m.

First REIT gets green light to acquire 12 nursing homes in Japan

About 98.45% of unitholders voted in favour of the acquisition. 

CapitaLand acquires JCube for $340m

The transaction will be completed within the first quarter of 2022.

ComfortDelGro enroute to being UK’s second largest coach operator

This is following a $15.84m deal with Stagecoach Group.

CICT to acquire two Grade A offices in Australia for S$330.7m

The acquisition is expected to be completed in the first quarter of 2021.