ARA Asset Management (ARA)

Results

ESR Group reports revenue of US$432 mil for 1HFY2021, up 9.4% from previous year's pro-forma revenue

Following the successful accretive acquisition of ARA Asset Management, EPS growth was 31.8% despite the enlarged share base.
Straits Trading's fifth act  - THE EDGE SINGAPORE

Company in the news

Straits Trading's fifth act

The 135-year-old conglomerate is ramping up its hospitality and real estate investments in its quest to be the next Blackstone.

Property

ARA Asset to sell former Manulife Centre for $800 mil

The building, near Orchard Road, is currently home to Alibaba Group and the Lazada Group.

Broker's Calls

Straits Trading glimmers brighter ahead of ARA’s potential $6.4 billion relisting: DBS

Straits Trading is currently trading at just 0.7 times P/NAV.

Company in the news

ARA Venn secures €200 mil from investors for its latest fund

ARA Asset Management Limited, which recently partnered with Venn to form ARA Venn, participated as a cornerstone investor.

Fintech

ARA’s fintech arm Minterest raises $5 mil on second real estate investment product launch

ARA Asset Management, JL Family Office, and Minterest Holdings announced on Monday that Minterest has successfully launched its second real estate investment product on Friday.

Company in the news

Cromwell Property fends off ARA's bid for board seat

SINGAPORE (Dec 2): Cromwell Property Group has narrowly fended off an attempt by Singapore’s ARA Asset Management to get its preferred candidate onto the board, in the latest tussle between the Australian real estate manager and its largest shareholder.

REITs

Cromwell Property Group fends off challenge by investor ARA Asset Management

(Nov 28): Cromwell Property Group has narrowly fended off an attempt by Singapore’s ARA Asset Management to get its preferred candidate onto the board, the latest tussle between the Australian real estate manager and its largest shareholder.

In print this week

What does it take to be a REIT manager?

SINGAPORE (June 22): Earlier in June, John Lim, CEO of ARA Asset Management, and a pioneer of Singapore’ real estate investment trust sector, sat down with The Edge Singapore after just announcing a sterling set of results.
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