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Ascott Residence enters student accommodation market with first buy in US

Singapore-listed hospitality trust Ascott Residence Trust (ART) is entering the student accommodation asset market with its first acquisition in the U.S for US$95 million...

NPS, Allianz acquire 50% stake in OUE Bayfront in Singapore

Allianz Real Estate, on behalf of National Pension Service of Korea (NPS) and Allianz group companies (Allianz), via its AREAP Core I fund has...

Frasers Centrepoint Trust to divest shopping centre for S$110m

Frasers Centrepoint Trust (FCT), a retail real estate investment trust (REIT), announced that its trustee has entered into sale and purchase agreements with unrelated...

ARA, Chelsfield secure S$385.8m green loan for commercial building

ARA Asset Management Limited (ARA) and Chelsfield have secured a S$385.8 million green loan from DBS Bank and United Overseas Bank Limited (UOB) to...

CMT, CCT unitholders vote in favour of merger to form new...

Unitholders of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) have voted in favour of the proposed merger of CMT and CCT to...

Frasers Centrepoint Trust to acquire remaining 63.1% in AsiaRetail Fund for...

Frasers Centrepoint Asset Management (FCAM), the manager of Frasers Centrepoint Trust (FCT), will acquire the remaining approximately 63.1% of the total issued share capital...

ESR-REIT and Sabana REIT announce proposed merger

The managers of ESR-REIT and Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) jointly announced theproposed merger of ESR-REIT and Sabana REIT. According...

Frasers Centrepoint Trust to buy additional 12% interest in AsiaRetail Fund

Singapore listed Frasers Centrepoint Trust (FCT), a retail real estate investment trust (REIT), said it will acquire additional 12% interest in AsiaRetail Fund Limited...

LOGOS, CSC Holdings to redevelop warehouse in Singapore

Industrial property firm LOGOS and Singapore-listed CSC Holdings Limited (CSCHL) will redevelop 2 Tanjong Penjuru Crescent into a modern six-storey ramp-up warehouse, for...

Alibaba to acquire 50% stake in Singapore office tower from Perennial-led...

Chinese e-commerce giant Alibaba Group Holding Ltd., through its subsidiary Alibaba Singapore, has agreed to acquire a 50% stake in AXA Tower, a Singapore...

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