divestment

OneApex anticipates $5.1m from Tuas Seatown stake sale

The company will sell its entire 30% stake to Amwich.

OneApex anticipates $5.1m from Tuas Seatown stake sale

The company will sell its entire 30% stake to Amwich.

ESR-LOGOS nets A$65.5m from Australian property sale

The REIT sold the property at a 7.4% premium.

Superloop demands Aussie Broadband to divest shares acquired without IMDA approval 

Aussie Broadband acquired a voting power of 19.9% in Superloop.

SATS unit divests aircraft fueling business for US$46m

It was sold to a private direct investment firm.

Singtel divests 0.8% direct stake in Airtel, gaining $0.95b

After the divestment, Singtel’s effective stake in Airtel will be 29.0%.

Mapletree Industrial Trust divests Tanglin Halt assets for $50.6m

The REIT will be selling off five-storey and two-storey flatted factories.

Hiap Hoe sells Melbourne hotel for $83m

The company will use the proceeds to repay bank borrowings and fund working capital.

CapitaLand Ascott Trust to divest Citadines Mount Sophia for $148m

The REIT expects to receive net proceeds of $138.6m from the divestment.

IREIT divests office asset in Barcelona for $35.5m

The sale price was 6.1% above the property’s latest valuation. 

CapitaLand Ascendas REIT divests 3 assets in Australia for $64.2m

The REIT will gain net proceeds of $60.8m from the divestment.

Manulife US REIT completes divestment of Park Place in Arizona, US

The divestment is part of the REIT’s recapitalisation plan.

CapitaLand Ascott Trust divests 3 hotels in Osaka, Japan for $99.8m

The trust will recognise a net gain of $10.1m from the divestment.

FCT divests stake in Hektar REIT for $36.7m

The company divested over 140 million units in the REIT.

CLCT divests CapitaMall Shuangjing for $157.8m

Upon divestment, CLCT's portfolio will comprise 19 properties.

CapitaLand Ascott Trust divests 2 hotels in Sydney, Australia for $95.6m

The REIT will recognise a net gain of $12.4m from the divestment.