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Mercatus Co-operative
Bonds and treasuries
Repricing in REIT bonds and perpetuals presents opportunities for credit investors
With the rise in interest rates likely to continue into 1H2023, we discuss how S-REITs are contending with this new normal.
February 03, 2023
M&A
Mercatus divests 50% indirect stake in Nex for $652.5 mil
The stake was divested to Frasers Property and Frasers Centrepoint Trust.
January 26, 2023
M&A
Mercatus divests two retail assets in Singapore for $2.16 billion
The divestment, which is a result of a strategic review undertaken by Mercatus, is expected to be completed on March 31, 2023.
December 28, 2022
Broker's Calls
FCT could emerge as 'dark horse' among Mercatus portfolio bidders now that portfolio size could be halved
The Mercatus portfolio could be further reduced to $2.3 billion if both AMK Hub and Nex are excluded.
September 20, 2022
Broker's Calls
The bids are in! DBS takes a closer look at the bidders for the Mercatus portfolio
The analysts believe that the winning bidder will have to possess both financial muscle and access to capital.
August 10, 2022
Property
Capitaland, Link REIT vying for NTUC's $4 bil portfolio of malls
Mercatus manages assets worth more than $10 billion and is one of the largest mall owners by floor space in Singapore.
July 21, 2022
Broker's Calls
Mercatus transaction to benefit CICT, FCT and LREIT: DBS
Should the transaction materialise, a new record low will be set for retail mall transactions on current valuations: DBS.
June 23, 2022
Broker's Calls
Jurong Point sale bodes well for retail REITs
SINGAPORE (April 4): The potential $2.2 billion acquisition of Jurong Point mall is a sign that the market is receptive to paying a premium for assets with good quality and scalability, according to DBS Group Research.
April 04, 2017