By Shiwen Yap
Frasers Centrepoint Limited (FCL) today announced that it is acquiring an 86.56 per cent stake in Geneba Properties N.V. from Catalyst RE Coöperatief U.A. for EUR 315.9 million ($335.4 million). FCL will route the acquisition through its wholly-owned subsidiary Frasers Property International Pte. Ltd. (Frasers Property), There is a cash consideration of… Read more »
It will focus on the annuity business.
Tuan Sing Holdings is acquiring Sime Darby Centre and residential land in Hillview, while Roxy-Pacific is divesting its Sydney property.
The state will get much needed cash to bankroll infra projects.
In multiple real estate deals from Singapore firms, Oxley has acquired two Cyprus firms while Ascendas India Trust has bought a business property in Hyderabad. Also, Imperium Crown is in the process of divesting its Tokyo properties. Oxley JV acquires two Cyprus companies Oxley Holdings Limited, through its joint venture… Read more »
The deal is Manulife’s first real estate acquisition in Singapore
The company recently listed at the local exchange raising about $586.2 million
JK Global received on Thursday valid acceptances in the shares offer which will remain open for acceptance until April 27, 2017.
Dow Chemical Co, DuPont Co., Bayer AG , Monsanto Co, Rhodium Group, Blackstone Group has put an A$3.5 billion ($2.65 billion) shopping mall portfolio in Australia up for sale, said a source familiar with the matter, in what could be one of the country’s largest ever real estate transactions. The… Read more »
GuocoLand is expanding into the UK and US through a joint venture firm listed on the Bursa Malaysia while Ascott is expanding its serviced residences business in Brazil.