Acquisitions
FLCT acquires property in new UK business park for S$51.5m
The property will be developed into a freehold high-specification facility
FLCT acquires property in new UK business park for S$51.5m
The property will be developed into a freehold high-specification facility
ComfortDelGro’s Metroline Travel Limited acquires $6.552m London property
The acquisition will be fully funded by cash through internal resources.
Frasers Property terminates share purchase agreement with Tran Thai Lands Company
It won't push through with the acquisition of the majority of stake in a Vietnam property firm.
Ascendas India Trust acquires Building Q1 at Navi Mumbai
A gross consideration of $64.1m was executed.
Mapletree Logistics Trust to acquire 17 modern Grade-A logistic properties for $1.4b
Of the 17 properties, 13 are in China, three in Vietnam, and one in Japan.
AIMS APAC REIT completes acquisition of Woolworths HQ
The property was acquired for $454m.
Starhub acquires 60% stake in HKBN JOS Singapore and Malaysia
This will expand StarHub’s Regional ICT segment in both countries.
Cromwell European REIT acquires Italy warehouse for $30.6m
This is the company’s third logistics asset in the country.
Ascendas REIT obtains 11 last mile logistics properties in the US
These were obtained for $207.8m.
Mapletree Logistics Trust acquires South Korea facility for $154m
This is expected to raise MLT's e-commerce revenue exposure in S. Korea to 31%.
Carousell acquires sneakers-streetwear marketplace Ox Street
This move is in line with its goal to accelerate recommerce growth in SEA.
ST Engineering strikes largest acquisition with TransCore deal
The deal is expected to be completed in Q1 of 2022.
AIMS APAC REIT acquires largest asset Woolworths HQ
The acquisition will grow its AUM by 26.6% to $2.1b.
ST Engineering to acquire TransCore for $3.62b
The acquisition is set to bolster smart city growth.
AIMS APAC Reit set to acquire Woolworths Headquarters
The property is located in New South Wales, Australia, with an estimated price of $454.91m.
StarHub subsidiary to acquire majority stake in MyRepublic Broadband
A loan of $105m will be used to pay MR HoldCo's existing debt.
Bently Nevada to spearhead APAC operations with RMC in Singapore
The remote monitoring centre will be the first in the Asia-Pacific and eighth worldwide.