Daily BriefsSingapore

Daily Brief Singapore: Frasers Centrepoint Trust and more

In today’s briefing:

  • REIT Watch – S-Reit acquisitions continue with Clar’s S$218 million buy

REIT Watch – S-Reit acquisitions continue with Clar’s S$218 million buy

By Geoff Howie

  • S-Reit acquisitions continue with Clar’s S$218 million buy Earlier last week, CapitaLand Ascendas Reit (Clar) announced the proposed acquisition of an integrated high-specification research and development (R&D) facility and business park property from Seagate Singapore International Headquarters for a purchase consideration of S$218.2 million.
  • In April, MLT announced the acquisition of six logistics assets located in Japan, and one logistics property in Sydney, Australia.

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