Acquisitions
Ascendas Reit to acquire 7 logistics assets in Chicago for $133.2m
All properties are 100% occupied.
Ascendas Reit to acquire 7 logistics assets in Chicago for $133.2m
All properties are 100% occupied.
CapitaLand Development clinches 2 residential sites in China for $748m
CLD said it will build 1,581 homes on the two sites.
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.
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.
Cromwell European REIT acquires 3 properties in UK and Netherlands for $88.4m
The properties have a blended NOI yield of 5.6%.
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.