CRCT to buy five business parks, remaining stake in mall for $1.01 billion

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

SINGAPORE (THE BUSINESS TIMES) - The manager of CapitaLand Retail China Trust (CRCT) has proposed to buy five business park properties and the balance 49 per cent interest in its Rock Square mall asset for an agreed property value of about 4.95 billion yuan ($1.01 billion) from related parties.. Read more at straitstimes.com.

SINGAPORE - The manager of CapitaLand Retail China Trust has proposed to buy five business park properties and the balance 49 per cent interest in its Rock Square mall asset for an agreed property value of about 4.95 billion yuan from related parties.

Tan Tze Wooi, chief executive of the manager said the acquisition is the Reit's largest to date and represents a transformative milestone in continuing efforts to diversify and strengthen CRCT's portfolio. On its Rock Square proposed investment, the manager said the mall has achieved double-digit positive rental reversions in 2018, 2019 and the year-to-date September 2020. It continues to demonstrate resilience post the Covid-19 lockdown, it added.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 8. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인