divestment

Keppel to divest its logistics businesses for $80m

This transaction includes Keppel Logistics' businesses in Singapore, Malaysia and Australia.

Keppel to divest its logistics businesses for $80m

This transaction includes Keppel Logistics' businesses in Singapore, Malaysia and Australia.

Frasers Property completes divestment of Sydney asset

It was sold at a consideration of $309.1m.

ARA US Hospitality Trust to divest hotel asset in Chicago for $10.5m

It will be sold to IHP Hospitality.

Olam to divest remaining stakes in ARISE IIP, ARISE IS for $254.55m

This leaves the company with only a 32.4% stake in the ARISE group.

FLCT to divest Cross Street Exchange for $810.8m

The value represents a 28.3% premium over the property’s book value of $632m.

CapitaLand Development divests Vietnam-based Capital Place for $751m

It will redeploy the proceeds from this divestment into higher-yielding assets.

ESR-REIT divests 28 Senoko Drive for $12m

The proceeds will go to repayments, asset enhancements, acquisitions, buy-backs.

City Developments divests Seoul hotel for $1.26b

The proposed divestment will be completed by Q1 2022.

Keppel Land China divests 40% interest in Nanjing Jinsheng

The completion of divestment will take place during the first quarter of 2022.

Far East Hospitality Trust to divest Central Square for $313.2m

A potential incentive fee of up to $18m may be applied.

Beijing Capital considering sale of Singapore waste recycling unit

Sources say the state-owned Chinese firm is in talks with advisers about the potential divestment.

KS Investments divests entire stake in Keppel Smit Towage, Maju Maritime for $133m

The shares will be sold to Rimorchiatori Mediterranei Spa.

SIAEC divests entire 39.2% shares in JV for aircraft parts repair

SIAEC’S stake is pegged at $3.79m (US$ 2.79m).

Keppel divests 100% equity interest in Chengdu Shengshi Jingwei Real Estate

The sale is worth RMB1,561m (S$324m).

Ascendas REIT divests 3 logistics properties in Australia

Proceeds of the divestments are at $128.7m.

Keppel divests of German data centre

Its completion is expected to take place in the third quarter of this year.

Keppel REIT sells 50% stake in first Australian property for A$275m

The firm said this is part of its portfolio optimisation strategy.