Clay Holdings III is a newly-incorporated entity owned by Clay Holdings II, which is in turn owned by Lim Chap Huat, the executive chairman and co-founder of Soilbuild Group Holdings, and Clay Holdings I, an entity established by funds managed by affiliates of Blackstone Real Estate.”
The manager of Soilbuild REIT announced on Dec 14 that it intends to privatise and subsequently delist Soilbuild REIT.
This will be done via a trust scheme of arrangement with Clay Holdings III.
