ARA Asset Management

Offer

ARA makes partial offer for Cromwell Property Group

SINGAPORE (June 23): ARA Asset Management is offering to acquire 29% of all Cromwell Property Group’s stapled securities that it does not already hold for A$0.90 per stapled security reduced by any

REITs

AVIC Trust to exit ARA Asset Management, other shareholders raise stakes

SINGAPORE (May 26): On May 26, ARA Asset Management announced that AVIC Trust will be exiting as a shareholder of ARA Asset Management.

Global Economy

Briefs

Quoteworthy: “I have not come across one single migrant worker … that has demanded an apology.” –— Manpower Minister Josephine Teo, who was responding to questions from Nominat

Results

Cache Logistics Trust reports 34.1% drop in 1Q DPU to 0.997 cents

SINGAPORE (Apr 28): The manager of Cache Logistics Trust has declared a distribution per unit (DPU) of 0.997 cents for 1Q2020 ended March.

Straits Trading unit enters JV to acquire Shanghai mall for $469.5 mil

Property

Straits Trading unit enters JV to acquire Shanghai mall for $469.5 mil

SINGAPORE (Dec 18): The Straits Trading Company is taking up a 37.7% stake in a joint venture with ARA Asset Management and ICBC International Investment Management to acquire a retail mall in Shan

Joint ventures and alliances

ARA and Logos form strategic partnership to establish logistics real estate development

SINGAPORE (Dec 12): ARA Asset Management will partner integrated logistics property specialist Logos Group to establish a logistics real estate development and investment management partnership in

Singapore's ARA and Australia's Cromwell clash in shareholder spat

Company in the news

Singapore's ARA and Australia's Cromwell clash in shareholder spat

(Nov 28): A spat between an Australian property manager and a Singapore rival that’s become its biggest investor is set to intensify when shareholders meet in Brisbane on Thursday.

Broker's Calls

This is one real estate and resources stock you shouldn't miss, says Phillip

SINGAPORE (June 13): Phillip Securities Research likes The Straits Trading Company (STC) which is shaping up to be a property powerhouse with a propitious tin-mining business.

M&A

ARA Asset Mgmt acquires Seoul Square with reported $1.2 bil price tag

SINGAPORE (Feb 28): ARA Asset Management, the real estate assets fund manager, has acquired Seoul Square in Korea.

Be informed of the stories that matter