Acquisitions
Boustead Projects JV to acquire Minh Quang for $14.4m
Boustead Projects JV to acquire Minh Quang for $14.4m
The JV will acquire 3,300,000 ordinary shares of the Vietnamese company.
Mapletree Logistics Trust acquires Grade A warehouse in India for $14.5m
The warehouse is 100% leased to a domestic 3PL operator.
Wing Tai acquires property in Melbourne for $24.7m
The acquisition will not have a material impact on the group’s net asset value.
Keppel to acquire initial 50% stake in Aermont Capital for $517m
The company expects to complete its stake acquisition in 1H24.
TE Capital-LaSalle JV to acquire VisionCrest Commercial
The asset has an occupancy rate of 99%.
Parkway Life REIT acquires two nursing homes in Osaka for $16.4m
The REIT will acquire the property at approximately 11.9% below valuation.
Grab Rentals’ acquisition of Trans-cab still under review - CCCS
The acquisition has not been cleared of competition concerns.
Keppel’s private fund acquires 2 education assets in Sydney for $175m
The acquisition will bring Keppel’s portfolio to $4.3b of assets in Australia.
Competition commission greenlights Fujifilm-CMC Materials KMG Corporation merger
The commission cited four reasons for its financial assessment.
CLI’s core-plus private fund acquires logistics property in S.Korea for $112m
The acquisition brings the fund’s FUM to over $1b.
KKR to acquire 20% stake in Singtel’s regional data centre business
The global investment company will commit up to $1.1b.
First Sponsor units acquire Allianz Tower in Rotterdam for $90.6m
The tower is fully leased to Allianz Nederland Groep until 31 December 2035.
CDL expands Japan portfolio with $78.5m hotel acquisition in Osaka
This marks CDL’s third hotel acquisition in 2023.
SGX directs Rex International to appoint independent reviewer for Moroxite T acquisition
The bourse served a notice of compliance to Rex International.
IHH Healthcare beefs up stake in India’s Gleneagles Global Hospitals
The SG-based healthcare provider acquired the additional stake for $121.1m.
CapitaLand Ascendas REIT acquires Seagate’s R&D facility for $218.24m
The acquisition will expand CLAR’s footprint in the one-north district by 13%.
Mapletree Logistics Trust to acquire logistics properties in Japan, Australia, and South Korea
The REIT will acquire the priorities for $913.6m.
Read Here
Advertise
Sign Up
Commentary
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data