Mapletree bets more than £500m on UK business park
The property in Reading is the group's largest buy outside Asia; acquisition is in line with Mapletree's plan to seize new growth opportunities
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
IN what is one of the biggest offshore property deals by a Singapore company in recent years, Mapletree Investments is paying more than £500 million (S$1 billion) for a 79-ha, freehold business park in the UK from Oxford Properties Group.
This also marks Mapletree's largest acquisition outside Asia.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
