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property acquisition
Company in the news
Sin Heng Heavy Machinery to acquire property at Ghim Moh Road for $2.8 mil
The property, located at 21 Ghim Moh Road, comprises a two-storey leasehold shophouse.
23 days ago
REITs
CDLHT to acquire Hotel Indigo Exeter for GBP19.4 mil
Upon completion, the acquisition is expected to be accretive on stabilisation.
October 15, 2024
Property
CDL completes EUR240 mil acquisition of Hilton Paris Opéra hotel
With the acquisition of the Hilton Paris Opéra, CDL now has three hotels with 670 rooms in the French capital.
May 14, 2024
REITs
Keppel REIT to acquire 50% interest in Sydney office building for A$363.8 mil
The acquisition is expected to be DPU accretive of 1.4% on a pro forma basis.
April 01, 2024
Company in the news
Lincotrade awarded JTC property with winning bid of $9.6 mil
Lincotrade intends to relocate its operations and dormitories to the two-storey factory in Tuas.
January 16, 2024
REITs
MLT to acquire modern Grade A warehouse in Delhi, India, for $14.5 mil
The proposed acquisition will be fully funded by debt. It is expected to be completed by 4QFY2023/2024.
December 13, 2023
Company in the news
OTS Holdings to acquire Malaysian factory and land for RM14.3 mil
The proposed acquisition is part of OTS' plan to expand business operations and lower manufacturing costs for its halal products.
November 28, 2023
Company in the news
Sanli Environmental to consolidate operations at newly acquired 22 Chin Bee Drive
The company aims to streamline its corporate office and workshops while providing a centralised staff accommodation solution.
September 15, 2023
REITs
IREIT Global acquires 17 retail properties across France for EUR76.8 mil
The acquisition is expected to be accretive to the REIT’s DPU by 2.0% on a pro forma adjusted FY2022 basis.
June 01, 2023
REITs
CapitaLand Ascendas REIT to acquire Seagate's The Shugart in one-north for $218.2 mil
The acquisition is said to be accretive to CLAR’s distribution per unit (DPU) and net property income (NPI) yield.
May 16, 2023