SUBSCRIBERS
Straits Trading expands into logistics sector in Australia
Published Wed, Sep 19, 2018 · 09:50 PM
Singapore
THE Straits Trading Company (STC) is expanding its presence Down Under by setting up a joint venture with Australian property development and investment management business Commercial & General to develop, own and manage logistics properties and ancillary business space.
Commercial & General has more than A$2 billion (S$2 billion) in projects delivered or under development.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Stellantis misses forecasts with 12% revenue drop in Q1, sees stronger H2
L'Occitane's billionaire owner Geiger to take firm private in US$1.8 billion deal
Australian budget airline Bonza collapses, passengers stranded
HSBC CEO to retire; bank reports 1.7% lower Q1 profit of US$10.8 billion
AIA launches wealth centre targeting high-net-worth clients
Samba, Gazelle shoes help drive Adidas sales while North America lags