Straits Trading unit eyeing property in Australia, Japan, S Korea, China
CEO Desmond Tang wants to "move down slightly in the risk spectrum" and "maybe give more focus on current income"
Singapore
STRAITS Real Estate (SRE), the investment unit of The Straits Trading Company, is looking to deploy the remaining one-third of its dry powder in markets such as Australia, Japan, South Korea and China.
Showing up on its radar are retail properties in China and a host of assets in Australia from traditional core real estate such as offices to operational assets such as student housing, healthcare and elder care facilities.
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