Mapletree Investments

The sheer asset size may mean the fund could require more time to raise equity

It has held talks with banks to put four of its office parks into a real estate investment trust, they add

It aims to raise an additional US$200 million for the second close by early next year

Lazada One, 30 Raffles Place, FPL’s half stake in Frasers Tower are among the offerings; strong interest for Income Centre

The fund, managed by China Life Capital, has a portfolio of five stabilised logistics assets

It would then be up to their boards to achieve the objective in a manner that respects minorities, and put accountable managers in place

She assumes the role fully on Oct 1; at Mapletree, Wong Mun Hoong will step into her vacated post

Westfield Marion Shopping Centre is last piece of the Paragon Reit portfolio to be sold

The Temasek-owned property giant’s AUM stands at S$76.2 billion as at end-March