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property divestment
Property
CapitaLand Development divests Hanoi Grade A office building for $751 mil
The amount was said to be made at a premium to book value, according to CLD.
January 20, 2022
REITs
ESR-REIT divests 28 Senoko Drive for $12 mil
The property was acquired by ESR-REIT in 2007 at the same sale consideration of $12.0 million.
January 10, 2022
REITs
FLCT to divest leasehold property in Port Melbourne for $41.7 mil
The estimated net proceeds will come in at around A$38.5 million after taking into account divestment fees.
December 03, 2021
Company in the news
Keppel T&T divests entire stake in Wuhu Sanshan Port for $36 mil
The transaction is expected to take place in 4QFY2021.
November 12, 2021
REITs
ESR-REIT divests Serangoon and Toh Guan Road properties for $53 mil
The consideration represents a 7.1% premium to the properties' acquisition price.
April 28, 2021
REITs
ARA LOGOS Logistics Trust divests Kidman Park for $42.6 mil
The sale is expected to be completed by 1HFY2021.
April 26, 2021
REITs
ALOG divests ALOG Changi DistriCentre 2 for $16.7 mil
The consideration is said to be around 7.7% above the property's valuation of $15.5 million.
April 22, 2021