ARA Private Funds inks more than US$460m of property deals in H1
Acquisitions include Manulife Centre at 51 Bras Basah Road for about S$555.5m
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Singapore
THE private funds division of ARA Asset Management closed over US$460 million worth of real estate transactions in the first half this year, the fund manager announced in a press statement on Tuesday.
"This marks a strong, acquisitive year for APF (ARA Private Funds), which acquired a well-located office building in Singapore's fringe CBD (Central Business District), and a B-Grade office building in the heart of Brisbane's CBD earlier this year," ARA Asset Management said.
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