Acquisitions
CapitaLand India Trust completes acquisition of BlueRidge 3 Phase 1 in Pune for ₹7.73b
CapitaLand India Trust completes acquisition of BlueRidge 3 Phase 1 in Pune for ₹7.73b
CLINT now has three business parks in Pune.
High court grants order for sale of GSM building to LHN
LHN plans to complete the acquisition of the asset on 9 May.
Sembcorp unit acquires 228MW of wind assets in India
The company’s gross renewables portfolio globally stands at 13.5 GW.
ComfortDelGro unit acquires UK-based CMAC Group for $135.4m
CMAC is a ground transport management and accommodation network specialist.
Link REIT to buy out Qibao Vanke Plaza in Shanghai for $451.2m
The REIT will fund the acquisition through internal resources.
CDL acquires Yardhouse site in Central London for $148.6m
Yardhouse will mark CDL’s first private rented sector project in Central London.
KIT to acquire 98.6% stake in Victoria, Australia’s largest bus service business
The business trust will acquire the business for an enterprise value of $540m.
FCT to acquire an additional 24.5% stake in NEX for $523.1m
The acquisition will raise FCT’s effective interest in NEX to 50%.
No Signboard to acquire 60% stake at Dining Haus for $1.2m
It will acquire the stake from Chia Shu Sian and Gazelle Ventures.
CapitaLand India Trust completes acquisition of 2 industrial facilities in Chennai, India
The trust acquired the properties for $28.7m.
BSL shareholders vote in favour of acquiring Boustead Projects’ shares from Wong Fong Fui
The shareholders also approved the acquisition of the shares from Wong’s children.
Tee International to acquire signage specialist Carats&Co for $14m
The company will acquire all shares of Carats&Co in two tranches.
Boustead Projects JV to acquire Minh Quang for $14.4m
The JV will acquire 3,300,000 ordinary shares of the Vietnamese company.
Mapletree Logistics Trust acquires Grade A warehouse in India for $14.5m
The warehouse is 100% leased to a domestic 3PL operator.
Wing Tai acquires property in Melbourne for $24.7m
The acquisition will not have a material impact on the group’s net asset value.
Keppel to acquire initial 50% stake in Aermont Capital for $517m
The company expects to complete its stake acquisition in 1H24.
TE Capital-LaSalle JV to acquire VisionCrest Commercial
The asset has an occupancy rate of 99%.
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