CapitaLand, CapitaLand Asia Partners I . Investors include institutional investors such as pension funds, insurance companies and financial institutions from Asia and Europe, the real estate group said on Monday. It is the fund's first closing; fundraising commenced nine months before, in July 2018. CAP I will invest in"value-add and transitional" office buildings in Asia’s key gateway cities, specifically Singapore, Beijing, Guangzhou, Shanghai, Shenzhen, Osaka and Tokyo.
- Croesus Shinsaibashi - for 20.8 billion yen . The sale represents part of Croesus Retail Trust's ongoing strategy to streamline its operations, it added.distribution per unit for the first quarter eased to 0.75 Singapore cent per unit from 0.88 cent a year ago. Gross revenue fell 11.8 per cent year on year to S$18.52 million, partly due to the divestment of its Tai Seng drive property in Q1 2019 as well as lower contribution from properties at 151 Lorong Chuan, 8 Commonwealth Lane and 34 Penjuru Lane. Net property income fell 13.3 per cent to S$12.
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