The Business Times
business-time-50

3 Nomura Reits to merge to become Japan's biggest

google-preferred-sourceAdd BT as a preferred source
Published Wed, May 27, 2015 · 09:50 PM

Tokyo

NOMURA Real Estate Master Fund Inc will merge with two other Nomura Reits to create the biggest real estate investment trust in Japan with 900 billion yen (S$9.8 billion) of assets.

The master fund will merge with Nomura Real Estate Office Fund Inc and Nomura Real Estate Residential Fund Inc on Oct 1, the trusts said in a statement on Wednesday.

TRENDING NOW

SIA said macroeconomic and geopolitical developments, including the Middle East conflict, continue to add uncertainty to the airline industry’s operating environment.

SIA sinks into the red with S$76 million Q1 loss as fuel costs jump

National Development Minister Chee Hong Tat noted that the public housing market has seen a moderation in resale flat prices over the past few quarters, following multiple rounds of cooling measures as resale prices surged.

15-month wait-out curb lifted for private property owners buying HDB resale flats

Yeoh Pei Xien is the youngest grandchild of Yeoh Tiong Lay, who founded Malaysian multinational conglomerate YTL Corporation.

Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart

In the first six months of 2026, DBS’ corporate virtual assistant, DBS Joy, handled 22% more chats. The number of active users rose by 61%.

DBS rolls out agentic AI to 350,000 corporate clients

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More