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property acquisition
Property
Ascott Residence Trust to acquire $318.3 mil of assets in Australia, France, Japan, US and Vietnam
The acquisition is said to be accretive to ART’s yield and will increase its distribution by $9.2 million.
August 15, 2022
Property
FLCT acquires prime freehold logistics property in North West England, UK at an estimated cost of $175.9 mil
The development of the property is expected to be completed in the second half of 2023 and will be leased to Peugeot.
June 27, 2022
REITs
Keppel DC REIT acquires two data centres in Guangdong, China for $297.1 mil
The acquisitions are expected to be accretive to the REIT’s DPU, says the REIT manager.
June 20, 2022
REITs
FLCT acquires three freehold logistics and industrial properties in Australia for $65.2 mil
The acquisition will be fully funded by the divestment proceeds of Cross Street Exchange in Singapore.
June 11, 2022
REITs
Ascendas REIT to acquire seven logistics properties in Chicago for $133.2 mil
The acquisition is said to be accretive to Ascendas REIT’s DPU by 0.01%.
May 10, 2022
REITs
Cromwell European REIT acquires three logistics properties in Italy and Germany for $101.5 mil
The properties have a blended 6.8% net operating income yield, are 100% occupied, and have a blended WALE of 5.4 years.
April 22, 2022
REITs
Ascendas India Trust to acquire Phase 2 warehouse in Navi Mumbai for $38.7 mil
"This acquisition puts us in a good position to capitalise on this growth": Sanjeev Dasgupta, CEO of the manager.
March 24, 2022
REITs
Mapletree Logistics Trust acquires South Korea’s Baeksa Logistics Centre for $100.3 mil
The acquisition is expected to be accretive to MLT's DPU.
February 28, 2022
Property
Ho Bee Land acquires London's The Scalpel for $1.3 bil
The property will be held for long-term investment, says the group.
February 24, 2022
Property
Ho Bee Land in talks to buy London's The Scalpel office tower for $1.5 bil
Ho Bee Land called for a trading halt in the morning of Feb 23. Before that, shares in the group last traded at $2.80.
February 23, 2022