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property acquisition
Property
Wing Tai Holdings wins tender for freehold Holland Tower site for $76.3 mil
Wing Tai says it plans to develop the site into a "luxurious and iconic residential development" overlooking the Holland Park area
March 15, 2023
Property
CDL completes acquisition of landmark St Katharine Docks in central London for $636 mil
The 23-acre freehold mixed-use estate fronts the iconic River Thames and is adjacent to Tower Bridge and the Tower of London.
March 09, 2023
Property
Metro Holdings and Boustead Projects announce joint acquisition of industrial property in Tai Seng for $98.8 mil
Factoring in the estimated upfront land premium, the total cost of the acquisition is estimated to be $109.5 million.
January 30, 2023
REITs
Keppel REIT enters into the Tokyo office market with acquisition of Ginza office building
The REIT will pay 8.83 billion yen or $84.4 million for its effective stake.
October 28, 2022
REITs
Cromwell European REIT acquires logistics asset in Denmark for $22.3 mil
The consideration is said to be 7% below independent valuation and 46% below replacement cost.
October 18, 2022
Property
Metro acquires 17th property in Australia; makes four PBSA acquisitions in the UK
Shares in Metro closed 1 cent lower or 1.48% down at 66.5 cents on Oct 3.
October 03, 2022
REITs
First REIT acquires two nursing homes in Japan for $26.3 mil
The acquisitions will be fully funded by debt, and are expected to be accretive to the REIT’s DPU.
September 21, 2022
REITs
Parkway Life REIT acquires two new nursing homes in Tokyo region for $29.4 mil
The acquisition is expected to generate a net property income yield of 5.2% for the REIT.
September 20, 2022
REITs
Ascendas REIT to acquire cold storage logistics facility in Singapore for $191.9 mil
The facility will be the first cold storage facility investment in Singapore.
September 14, 2022
REITs
ESR-LOGOS REIT moves into Japan with DPU-accretive acquisition of ESR Sakura distribution centre
The proposed acquisition provides E-LOG with its maiden entry into Japan’s attractive logistics market.
August 29, 2022