Tag
The Straits Trading Company is divesting a freehold logistics facility in Incheon, South Korea, for 432 billion won (S$377.6 million) as part of its strategy to recycle capital from…
The sale is being undertaken to optimise the Reit’s portfolio and to give it greater financial flexibility CapitaLand Integrated Commercial Trust (CICT) has agreed to divest Bukit Panjang…
ARA USH Chicago, an indirect wholly owned subsidiary of Acrophyte Hospitality Management Trust (AHT), is selling a hotel in the United States for US$7.8 million. Located in Memphis,…
The postal service provider says the properties are ‘non-core’ to its principal business Singapore Post (SingPost) on Tuesday (Nov 11) announced that it will divest 14 HDB units across the…
Sale consideration is a 17.2% premium to the original purchase price of S$76.8 million when the property was acquired in 2015 CapitaLand Ascendas Reit (Clar) is divesting a logistics…
The manager of Mapletree Industrial Trust (MIT) plans to divest between S$500 million and S$600 million worth of assets over the next two years, with a focus on its North American…
Property is a non-core legacy asset within the healthcare-focused Reit’s portfolio that was already identified for disposal First Real Estate Investment Trust (Reit) has agreed to divest…
The total enterprise value of the sale is about 3 per cent higher than the aggregate of the independent valuations The trustee-manager of CapitaLand India Trust (Clint) on Thursday (Sep…
In a decision Tuesday, a federal judge ruled that Google must share data with competitors — an order aimed at ameliorating its dominance in internet search — but rejected the U.S.…
Its manager says the capital freed up will give MLT room to pursue investment openings in modern, high-spec facilities with more growth potential Mapletree Logistics Trust is to divest its…
Lendlease Global Commercial Reitwill be divesting the office component of the Juong commercial-retail development Jem to Keppel for S$462 million, with the proceeds to be used to pay down…
The proposed divestment is in line with its manager’s drive to rejuvenate its portfolio by letting go of assets no longer aligned with its strategy Mapletree Logistics Trust (MLT) has…
Frasers Logistics & Commercial Trust (FLCT) will divest an office building in Melbourne’s Central Business District (CDB) for A$192.1 million (S$161.4 million), as it seeks to exit the…
CapitaLand China Trust (CLCT), a CapitaLand Investment subsidiary, is set to raise up to 748 million yuan (S$134.9 million) through the divestment of CapitaMall Yuhuating, a mature retail…
Keppel Infrastructure Fund Management, the manager of Keppel Infrastructure Trust (KIT), is divesting a 24.6 per cent stake in an Australian bus service business, Ventura Motors, for A$130…
The share price of Singapore Post (SingPost) said it all about investors’ attitude towards the national postal service provider’s latest set of financial results. The share price tanked 12…
The sale price is a 32.5% premium to the property’s valuation as at Mar 31, 2024 AIMS Apac Real Estate Investment Trust (AA Reit) is divesting a warehouse at 3 Toh Tuck Link in Singapore…
CAPITALAND Ascendas Reit (Clar) is divesting an industrial property at 21 Jalan Buroh in Singapore for S$112.8 million. This is nearly double the original purchase price of S$58.4 million,…
