Welcome!
Home acquisition of property
REITs
Prime US REIT acquires offices in San Diego and Florida for US$246 mil, launches US$80 mil private placement
The acquisitions mark Prime US REIT’s entry into the two markets.
June 24, 2021
Property
Natural Cool Holdings to acquire Woodlands Loop properties for $850,000
Shares in Natural Cool closed flat at 3.9 cents on Jan 22.
January 22, 2021
Property
Lian Beng-led consortium buys BreadTalk HQ for $118 mil
BreadTalk Group has committed to lease back the property as an anchor tenant for an initial lease term of 10 years.
January 17, 2021
REITs
Ascendas REIT acquires two office properties in San Francisco for $768 mil
Both properties are home to Stripe and Pinterest.
November 10, 2020
REITs
ARA LOGOS Logistics Trust acquires properties and fund investments in Australia for total consideration of $404.4 mil, first since rebranding
Following the transactions, ARA LOGOS’s deposited property value will increase by 28.2% to $1.7 billion.
October 26, 2020
REITs
Mapletree Logistics Trust acquires Brisbane distribution centre for $109.8 mil
The acquisition is expected to be accretive at the distribution level.
October 22, 2020
REITs
Elite Commercial REIT acquires 58 buildings in UK for $372.6 mil, first since IPO
The acquisition is expected to benefit the REIT's unitholders with an attractive DPU accretion of 3.2%, says the manager.
October 19, 2020
REITs
Ascendas REIT completes acquisition of Australian suburban office for A$105.8 mil
The total cost of the acquisition, which is subject to adjustments, stood at A$105.8 million ($101.9 million).
September 11, 2020
REITs
AIMS APAC REIT to acquire property in Jurong Innovation District for $129.6 mil
The property, which is located in the Jurong West Logistics Cluster, will be acquired at an initial net property income (NPI) yield of 7.07%. The yield is based on the property’s NPI of $9.2 million in its first year of ownership.
August 11, 2020
M&A
Cromwell European REIT to acquire 3 freehold assets in Germany for $57 mil
SINGAPORE (Dec 20): Cromwell European REIT (CEREIT) is acquiring a portfolio of three light industrial and logistics assets in Germany for a purchase consideration of €38.0 million ($57.0 million), the group reported in a bourse filing on Friday.
December 20, 2019