property divestment

REITs

ESR-REIT divests Serangoon and Toh Guan Road properties for $53 mil

The manager of ESR-REIT says it has entered into put and call options to divest its properties on 11 Serangoon North Avenue 5 and 3C Toh Guan Road for a total consideration of $53 million.

ARA LOGOS Logistics Trust divests Kidman Park for $42.6 mil - THE EDGE SINGAPORE

REITs

ARA LOGOS Logistics Trust divests Kidman Park for $42.6 mil

ARA LOGOS Logistics Trust (ALOG) has divested Kidman Park in Australia at a proposed consideration of A$41.5 million ($42.6 million).

ALOG divests ALOG Changi DistriCentre 2 for $16.7 mil - THE EDGE SINGAPORE

REITs

ALOG divests ALOG Changi DistriCentre 2 for $16.7 mil

The manager of ARA LOGOS Logistics Trust (ALOG) says it has divested ALOG Changi DistriCentre 2, through a sale and purchase agreement with PGI Holdings, for a consideration of $16.7 million.

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