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PGIM Real Estate Asia Retail Fund
Yield watch
REITs make placements and accretive acquisitions aplenty but investor fatigue has set in
SINGAPORE (July 1): Real estate investment trusts are still bankers’ best friends. In the first half of this year, Singapore REITs raised $1.35 billion (see Table 1) through placements that was used mainly for acquisitions. In general, these acquisition
June 28, 2019
M&A
Frasers Property and FCT raise stakes in PGIM Asia retail property fund for $635 mil
SINGAPORE (Mar 25): Frasers Property Limited and Frasers Centrepoint Trust (FCT) are raising their stakes in PGIM Real Estate Asia Retail Fund for $635 mil in total.
March 21, 2019