freehold

Mapletree Industrial Trust acquires US data centre and office for purchase consideration of between $272.8 mil to $356.5 mil - THE EDGE SINGAPORE

REITs

Mapletree Industrial Trust acquires US data centre and office for purchase consideration of between $272.8 mil to $356.5 mil

The target completion for the proposed acquisition is expected to happen in the first quarter of 2021.

Property

Roxy-Pacific to sell Sydney CBD office building for $153.4 mil

SINGAPORE (May 4): Roxy-Pacific Holdings says its 50%-owned subsidiary, Feature-Roxy, has entered into a non-binding agreement sell its freehold property at 117 Clarence Street, Sydney, Australia, for A$153 million ($153.4 million).

Property

KSH, Lian Beng and Heeton acquire Geylang properties for $60 mil via jointly-owned subsidiary

SINGAPORE (Dec 11): Development 24, a property development and investment holding company owned by KSH Holdings, Lian Beng Group and Heeton Holdings, has exercised an option to purchase a group of freehold properties along Geylang Lorong 24 for a conside
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