The Business Times
business-time-50

Frasers Property to buy German, Austrian logistics assets

google-preferred-sourceAdd BT as a preferred source
Published Mon, Feb 19, 2018 · 09:50 PM

Singapore

FRASERS Property is set to acquire 22 logistics and light industrial assets in Germany and Austria mainly owned and managed by developer Alpha Industrial for 282.5 million euros (S$460.5 million).

The assets include 16 completed logistics and light industrial facilities, with a combined gross leasable area (GLA) of 393,800 square metres that are located in key industrial and logistics hubs in Germany and Austria.

frasers property

TRENDING NOW

Galven Tan has resigned to pursue new opportunities, says Knight Frank Singapore. 

Knight Frank Singapore CEO Galven Tan resigns after 2.5 years at helm

National Development Minister Chee Hong Tat says: “The best way is for the government to shape behaviours with the judicious use of market-based incentives, where possible.”

ABSD deadline extended to up to 7 years for developers of large en bloc sites to encourage reuse of land

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

The income upgrade has rendered the Philippines “too wealthy” to qualify for the concessional foreign aid and development loans.

Philippines’ income upgrade hides grim reality for most Filipinos

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