Markets & Investing
New debt rules may boost appeal of Singapore REITs
New debt rules may boost appeal of Singapore REITs
The higher debt and interest ratios would let them compete better with regional peers.
Six in 10 CEOs shift to proactive portfolio management
They plan to pursue M&A and IPO transactions.
GIC to acquire 25% stake in Reworld™ from EQT Infrastructure
It expects to close the transaction in Q1 2025.
Samko Timber sells three subsidiaries for $5m
The company said it will seek approval from independent shareholders.
GIC, CPP Investments, and Equinix form joint venture to raise US$15b
GIC will hold a 37.5% equity stake in the JV.
Fullerton sells 115,100 units in CapitaLand Ascendas REIT
The divestment will reduce its stake in the REIT to 17.99%.
Azalea co-investment and growth funds surpass US$200m target at close
It drew a range of investors.
PUB issues $325m green notes at 2.502% fixed rate
The notes are due 2031.
GIC and TPG Rise Climate to acquire Techem Group for €6.7b
The parties expect to close the transaction in the first half of 2025.
Mapletree Industrial Trust acquires 98.47% stake in Tokyo mixed-use facility
It will acquire the asset from Nagayama Tokutei Mokuteki Kaisha.
AcroMeta sells 67% stake in PT Acromec Indonesia for $5,000
The disposal has been completed on 30 September.
AcroMeta Group Limited has agreed to sell its entire 67% equity interest in PT Acromec Trading...
Goi Seng Hui buys additional 126,000 shares from GSH Corporation
This brings his total interest in the company to 63.65%.
Manulife US REIT to clear 2025 loans with US$117m property divestment
It has US$130.7m in loans due by 2025.
OUE REIT's treasury unit issues first seven-year green notes
It issued the issued the notes at a 3.90% fixed rate.
CICT closes preferential offering with 48.5% excess applications
The excess applications totalled 183,034,982 units
Temasek participates in 3650 REIT $552.5m capital funding
The capital will be deployed across 3650’s credit strategies.
Bromat Holdings appoints SAC Capital as new continuing sponsor
It will be effective from 27 September 2024.
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