Welcome!
property acquisition
Company in the news
Lincotrade awarded JTC property with winning bid of $9.6 mil
Lincotrade intends to relocate its operations and dormitories to the two-storey factory in Tuas.
January 16, 2024
REITs
MLT to acquire modern Grade A warehouse in Delhi, India, for $14.5 mil
The proposed acquisition will be fully funded by debt. It is expected to be completed by 4QFY2023/2024.
December 13, 2023
Company in the news
OTS Holdings to acquire Malaysian factory and land for RM14.3 mil
The proposed acquisition is part of OTS' plan to expand business operations and lower manufacturing costs for its halal products.
November 28, 2023
Company in the news
Sanli Environmental to consolidate operations at newly acquired 22 Chin Bee Drive
The company aims to streamline its corporate office and workshops while providing a centralised staff accommodation solution.
September 15, 2023
REITs
IREIT Global acquires 17 retail properties across France for EUR76.8 mil
The acquisition is expected to be accretive to the REIT’s DPU by 2.0% on a pro forma adjusted FY2022 basis.
June 01, 2023
REITs
CapitaLand Ascendas REIT to acquire Seagate's The Shugart in one-north for $218.2 mil
The acquisition is said to be accretive to CLAR’s distribution per unit (DPU) and net property income (NPI) yield.
May 16, 2023
Property
Wing Tai Holdings wins tender for freehold Holland Tower site for $76.3 mil
Wing Tai says it plans to develop the site into a "luxurious and iconic residential development" overlooking the Holland Park area
March 15, 2023
Property
CDL completes acquisition of landmark St Katharine Docks in central London for $636 mil
The 23-acre freehold mixed-use estate fronts the iconic River Thames and is adjacent to Tower Bridge and the Tower of London.
March 09, 2023
Property
Metro Holdings and Boustead Projects announce joint acquisition of industrial property in Tai Seng for $98.8 mil
Factoring in the estimated upfront land premium, the total cost of the acquisition is estimated to be $109.5 million.
January 30, 2023
REITs
Keppel REIT enters into the Tokyo office market with acquisition of Ginza office building
The REIT will pay 8.83 billion yen or $84.4 million for its effective stake.
October 28, 2022