Australia

Frasers Logistics & Industrial Trust to acquire stakes in 12 properties in Germany, Australia from sponsor for $482 mil

Property

Frasers Logistics & Industrial Trust to acquire stakes in 12 properties in Germany, Australia from sponsor for $482 mil

SINGAPORE (July 3): The manager of Frasers Logistics & Industrial Trust (FLT) has announced the proposed acquisition of interests in 12 logistics properties in Germany and Australia from sponso

Company in the news

Circles.Life launches world's first multi-country digital telco platform in Taiwan

SINGAPORE (June 24): Homegrown mobile virtual network provider Circles.Life is launching its digital mobile services in Taiwan on the back of a partnership with one of island’s largest telco player

Frasers Logistics Trust partially divesting Australian asset for A$15 mil; seeks buyer for remaining components

Property

Frasers Logistics Trust partially divesting Australian asset for A$15 mil; seeks buyer for remaining components

SINGAPORE (May 16): The manager of Frasers Logistics & Industrial Trust (FLT) says it is divesting the warehouse and hardstand components of 610 Heatherton Road in Victoria, Australia, to Mack

M&A

ComfortDelGro deepens footprint in Australia with A$28.3 mil bus acquisition

SINGAPORE (Apr 23): ComfortDelGro Corporation announced Tuesday it is acquiring Australian bus service operator B&E Blanch for A$28.3 million ($27.5 million).

M&A

MindChamps acquires 8 more Sydney preschool centres for $39.3 mil

SINGAPORE (Apr 8): MindChamps Preschool Limited is acquiring eight more early learning centres in Sydney, Australia, for a total of A$40.84 million ($39.3 million) from Malek Family Pte Ltd and Mal

Tech

Australia, Singapore to crack down on online media with new laws

SYDNEY/SINGAPORE (April 1): Governments in the Asia Pacific region are accelerating efforts to fight malicious use of online media, unveiling laws that make it easier to target websites which enabl

Lendlease reportedly gunning for US$500 mil with intended retail REIT listing on SGX

Property

Lendlease reportedly gunning for US$500 mil with intended retail REIT listing on SGX

SINGAPORE (Mar 19): Australia-listed developer Lendlease Group is planning to list a real estate investment trust (REIT) of its retail assets on the Singapore Exchange, according to sources of Thom

Broker's Calls

OCBC raises confidence in Mapletree Logistics Trust on strong YTD performance, bright prospects

SINGAPORE (Mar 7): OCBC Investment Research is maintaining “buy” on Mapletree Logistics Trust (MLT) while raising its fair value estimate to $1.50 from $1.40 to assume lower cost of equity (COE).

Broker's Calls

Keppel REIT to benefit from lease renewals, Australia portfolio going forward: UOB

SINGAPORE (Mar 7): UOB Kay Hian is maintaining its “buy” call on Keppel REIT with a target price of $1.35 on expectations of the REIT to benefit from the full-year impact of leases, which were rene

Hatten Land announces Australia expansion plans with Melbourne land acquisition

Property

Hatten Land announces Australia expansion plans with Melbourne land acquisition

SINGAPORE (Mar 6): Hatten Land intends to foray into the Australian real estate market by acquiring a land parcel in Southbank, Melbourne, from Australia’s Sundale Developments for a consideration

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