WebAs part of the transaction, Link will enter into a 10-year asset and property management service agreement for a third suburban retail mall, AMK Hub, which will remain under Mercatus’ ownership. In addition to additional income, the acquisition provides Link with a strong foothold in Singapore and the opportunity to build in-market capability. Link REIT is acquiring the two malls after around six months of closely-watched bidding for Mercatus’ S$4.15 billion portfolio of four shopping centres, with the real estate investment division of local trade union organisation NTUC Enterprise retaining the remaining two assets as rising interest rates trim … Meer weergeven In announcing its first foray into Singapore, Link REIT also declared its intention to build a lasting presence in the Little Red Dot with other deals likely to appear on the horizon. … Meer weergeven Link REIT is making its debut in Singapore as rising interest rates have slowed deals around the region, with analysts pointing to the mega … Meer weergeven Mercatus has secured a new owner for half of its mall portfolio a half-year after it began marketing the four properties. “The divestment … Meer weergeven
AMK Hub - Mercatus
WebJurong Point sale likely to break records. Mercatus is poised to buy the mall for $2.2b. According to DBS Group Research, this implies a robust price of $3,343 psf and a 4.2% net yield. "Based on our analysis of comparative valuations of similar-sized suburban malls across Singapore, at the transacted price, the returns for Jurong Point will be ... Web28 dec. 2024 · SINGAPORE, Dec 28 (Reuters) - Link Real Estate Investment Trust (REIT) is buying a portfolio of Singapore shopping malls for S$2.16 billion ($1.6 billion) from … budget home kits anchorage
Inloggen - Mercatus
Web29 dec. 2024 · Listed in Hong Kong in 2005, Link REIT owns a HK$234 billion ($30 billion) real estate portfolio that includes shopping malls, car parks and offices. Nearly 80% of the properties it owns are... Web6 sep. 2024 · UK government-owned lender NatWest has sold a £400m (€470m) portfolio of loans secured against 15 UK shopping centre assets to a consortium including investment firms Attestor and Octane Capital Partners. The bank said the Project Mercatus loan portfolio of assets has been sold to the consortium which also includes community retail … Web5 apr. 2024 · Mercatus Co-operative Limited, one of the NTUC social enterprises, is set to purchase Jurong Point mall (pictured) from its owners Guthrie GTS Limited and Lee Kim Tah Holdings, reported Singapore Business Review.“Based on our analysis of comparative valuations of similar-sized suburban malls across Singapore, at the transacted price, the … cricut maker bonded fabric blade