Acquisitions
Acquisition dispute: Keppel unit pursues arbitration action vs SPH
The move came after SPH terminated an implementation agreement related to Keppel’s takeover bid.
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.
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%.
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