acquisitions

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.

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.

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.

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.