Blackstone Group nearing deal to buy Japan's Croesus Retail Trust: reports
Add BT as a preferred source
[SINGAPORE] Private equity firm Blackstone Group is in the process of buying Singapore-listed Croesus Retail Trust, which operates retail properties in Japan, Dow Jones has reported citing sources.
Croesus Retail requested for a trading halt on Tuesday morning, according to a filing on the SGX. The company manages a portfolio worth about S$1.5 billion consisting mainly of shopping malls in places such as Osaka, Hatsukaichi City and Sobu-machi, sources said.
Full story here.
Share with us your feedback on BT's products and services
TRENDING NOW
Knight Frank Singapore CEO Galven Tan resigns after 2.5 years at helm
ABSD deadline extended to up to 7 years for developers of large en bloc sites to encourage reuse of land
15-month wait-out curb lifted for private property owners buying HDB resale flats
Philippines’ income upgrade hides grim reality for most Filipinos
