SG Realty Dealbook: Perennial acquires 10% in Perennial China Retail; Sabana REIT secures Islamic credit facility; Keppel REIT acquires 3 Melbourne units

SG Realty Dealbook: Perennial acquires 10% in Perennial China Retail; Sabana REIT secures Islamic credit facility; Keppel REIT acquires 3 Melbourne units

Keppel REIT homepage visual

Several Singapore-listed firms have finalised deals in the real estate sector abroad. Perennial has acquires a minority stake in Perennial China Retail Trust, while Sabana REIT has secured a murabahah facility worth S$50 million; even as Keppel REIT increased its exposure in Australia through its latest purchase of there retail units. This purchase also grants it strategic control of a freehold office building in Melbourne.

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