HSBC Institutional Trust Services (Singapore)

M&A

CapitaLand Ascendas REIT divests local industrial building at 219% premium from 2005 purchase price

KA Place at 159 Kampong Ampat is a seven-storey industrial building with a total gross floor area of 10,163 sq m.

Frasers Centrepoint Trust issues $90 mil 2.365% notes

SINGAPORE (April 3): Frasers Centrepoint Asset Management, the manager of Frasers Centrepoint Trust, announced Monday that FCT MTN has issued $90 million of 2.365% notes due 2020 comprised in Series 011 under its $1 billion Multicurrency Medium Term Note
A-REIT City @ Jinqiao

Ascendas REIT to sell business park in Shanghai for $228.1 mil

SINGAPORE (Oct 27): Ascendas Funds Management (S), the manager of Ascendas Real Estate Investment Trust, on Thursday announced the proposed divestment of A-REIT City @ Jinqiao in Shanghai for approximately $228.1 million.
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