Cash for data centres leads today’s look at real estate headlines from around the region as KKR and Singtel line up financing for a buyout of a Singapore server shed operator. Also making the list are Malaysia’s biggest industrial deal… Read More>>
Straits Trading to Buy UK Business Park Assets From Brookfield for $157M
Singapore’s Straits Trading is adding to its UK real estate holdings with the acquisition of properties at a business park in the southwestern English city of Gloucester for £130 million ($157.7 million).
The real estate arm of the SGX-listed conglomerate… Read More>>
Savills IM Fund Backed by ARA’s Lim Family, Straits Trading Acquires 4 UK Assets
A Savills Investment Management fund backed by the family office of ARA founder John Lim and Singapore conglomerate Straits Trading has acquired four UK assets for £75 million ($97.6 million), according to a statement last week.
The four retail parks,… Read More>>
Singapore’s Straits Real Estate Buying Aussie Office Assets For $107M
Asian investors continued a string of Aussie office acquisitions late this past week with Singapore’s Straits Trading announcing on Friday that its property division is buying a pair of freehold office buildings in Melbourne for A$150 million ($106.8 million).
Straits… Read More>>
Lim Family Selling Stake in Straits Real Estate for $78.3M and More Asia Real Estate Headlines
With much of the region still making its way gradually back from tomb-related holidays, Singapore dominates today’s real estate headlines, with a deal involving the head of ARA Asset Management leading the way.
US private equity firm KKR is already… Read More>>
Singapore’s Straits Trading Buys UK Business Park for £76.7M
Singapore’s Straits Trading has revived the island nation’s romance with UK real estate with an announcement late yesterday that it had purchased a business park near London for approximately £76.7 million ($101 million) in cash.
The SGX-listed investment firm purchased… Read More>>
ARA Teams Up with Straits Real Estate and ICBCI to Buy Pudong Mall for RMB 2.4B
ARA Asset Management has made its second investment in mainland China retail in just over six months with the joint acquisition of a shopping mall in Shanghai, as the property investment specialist bets on the country’s growing middle-income group to… Read More>>
ARA, Straits Real Estate Buying Sydney Office Tower for $207M
Straits Real Estate is teaming up with funds managed by ARA Asset Management to buy an office tower in downtown Sydney from a fund run by local investment firm Propertylink for A$275 million ($207.3 million), according to announcements this week… Read More>>