The Business Times
business-time-50
SUBSCRIBERS

Two firms report changes in overseas portfolios

Saizen Reit to sell Japan assets; Oxley sells over 50% of units in Phase 1 of The Peak

google-preferred-sourceAdd BT as a preferred source
Published Sun, Nov 1, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    TWO mainboard-listed companies - a real estate investment trust (Reit) and a property developer - have reported changes in their overseas portfolios in filings with the Singapore Exchange.

    Saizen Reit will be selling all its Japanese real estate assets to Triangle TMK for 44.7 billion yen (S$518.3 million), said its manager, Japan Residential Assets Manager. HSBC Institutional Trust Services (Singapore), the trustee of Saizen Reit, accepted the offer on Saturday, it said.

    oxley holdingsSingapore property

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    DBS filed the bankruptcy application after serving statutory demands to the directors of Autobahn Rent A Car in December 2025.

    Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS

    Loyang Valley sits on a 840,648 sq ft plot of land, which now houses 362 apartments.

    Loyang Valley sold for S$880 million to SingHaiyi-led consortium

    The price tag for the Nassim Road GCB works out to nearly S$4,550 per square foot.

    Nassim Road bungalow changing hands for S$64.9m 

    Property-based taxes may have limited room to run – and pushing them further risks hitting the wrong people, observers say.

    In taxing wealth, how far can Singapore push property owners?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More