CapitaLand to buy real estate group Ascendas-Singbridge from Temasek in S$11b deal

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SINGAPORE: Singapore's CapitaLand is buying the owner of a clutch of real estate investment trusts from state investor Temasek in a deal valued at ...

 

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CapitaLand to buy Temasek unit Ascendas-Singbridge in S$11b dealPROPERTY group CapitaLand is acquiring Temasek's subsidiary Ascendas-Singbridge (ASB) in a S$11 billion deal aimed at creating Asia’s largest diversified real estate group. Read more at The Business Times.
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CapitaLand becomes Asia's largest diversified real estate groupCapitaLand is acquiring Temasek subsidiary Ascendas-Singbridge (ASB) in a deal valued at $11 billion, including debt, to create Asia's largest diversified real estate group. After the transaction, the group's combined total assets under management (AUM) will exceed $116...
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A big step by CapitaLand and Temasek in play for global stakesCAPITALAND'S announcement that it would be acquiring Temasek subsidiary Ascendas-Singbridge (ASB) appears to be a positive development for the Singapore-listed developer and Temasek. Read more at The Business Times.
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