Singapore: Croesus Retail Trust buys Japanese mall Fuji Grand Natalie for $30m

Singapore: Croesus Retail Trust buys Japanese mall Fuji Grand Natalie for $30m

Singapore-listed Croesus Retail Asset Management Pte. Ltd, which represents Croesus Retail Trust as a trustee-manager, has entered into a purchase and sale agreement with Grand Natalie Property TMK, according to a regulatory filing.

The agreement will allow Croesus Retail Trust to acquire trust beneficiary interests in Fuji Grand Natalie, a Japanese retail mall located in Hatsukaichi City, Hiroshima Prefecture for JPY 3,300 million (about $30 million).

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