Oxley, which bought the building in December 2017 for S$660 million, had been seeking buyers for the property as part of its ongoing deleveraging effo
The $1.1-billion fund targets to invest in multi-asset classes across key gateway cities in Asia-Pacific.
IPOs & Markets
This comes barely two days after the $720-million unit offering by US-focused hospitality trust ARA Hospitality Trust (ARA H-Trust).
The REIT intends to deploy nearly 84 per cent (S$167.5 million) of the proceeds to finance acquisition of properties.
OUE Ltd has sold its 33% stake in GIC-backed fund management company Nuvest Capital to the latter's founder Aje Saigal for $1 million.
ComfortDelGro is acquiring Australian bus service operator B&E Blanch Pty Ltd for A$28.3 million ($20.14 million).
Keppel REIT entered into an agreement with PGIM Real Estate to purchase the Seoul office tower.
The three assets - Central Park Mall, DUO Retail and Park Lane Retail - are expected to fetch in excess of $121 million.
Some of Temasek's significant holdings like CenturyLink Inc and Alibaba Group have turned out mixed performances over the past 17 quarters.
US fund manager Sabby disclosed that its holding in Reebonz has exceeded 5% stake to touch 9.2%.
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