property disposal

REITs

AIMS APAC REIT to acquire property in Jurong Innovation District for $129.6 mil

The property, which is located in the Jurong West Logistics Cluster, will be acquired at an initial net property income (NPI) yield of 7.07%. The yield is based on the property’s NPI of $9.2 million in its first year of ownership.

M&A

Oxley divests part of Dublin property for $271 mil

SINGAPORE (Jan 28): Oxley Holdings announced that its wholly-owned subsidiary, Oxley Docklands Quay Three, along with National Asset North Quays DAC have entered into a letter agreement with Greystar Europe Holdings for the sale of the long leasehold inte

Abterra corrects earnings from property disposal

SINGAPORE (Oct 14): Abterra has made a correction to the earnings attributable to the disposal of office units at 7 Temasek Boulevard, Suntec Tower 1.
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