Straits Real Estate (SRE)

The 135-year-old conglomerate is ramping up its hospitality and real estate investments in its quest to be the next Blackstone.

"We see value in the property as it gives us a resilient stream of income via its stable existing leases," says Desmond Tang, CEO of SRE.

SINGAPORE (Dec 7): The Straits Trading Company is acquiring an office building in Perth, Australia, for A$54.2 million ($55.7 million).

SINGAPORE (May 17): OCBC Investment Research is maintaining its “buy” call on Straits Trading Company with an unchanged fair value estimate of $2.73, after it posted 1Q results which the research house deems to mark a “firm start to the year” for