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SPH expands aged care business with 5.26b yen Japan acquisition

Tue, Feb 25, 2020 - 5:50 AM

With a total capacity of 365 beds, the properties offer seniors independent living services including community-based activities, transport, laundry, meals and care services.

PHOTO: SPH

Singapore

SINGAPORE Press Holdings (SPH) will acquire five aged care assets in Japan for 5.26 billion yen (S$65.8 million) as part of its strategy to expand to markets with fast-ageing populations.

This marks the media and property group's first overseas investment for its aged...

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