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NTUC Co-operative
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
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
REITs
S-REITs could balk at price of Mercatus malls but sponsors could be interested, UBS says
As Mercatus reportedly puts up 4 malls for sale, UBS suggests interest from sponsors of the largest S-REITs
June 21, 2022