Straits Trading unit eyeing property in Australia, Japan, S Korea, China
CEO Desmond Tang wants to "move down slightly in the risk spectrum" and "maybe give more focus on current income"
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Singapore
STRAITS Real Estate (SRE), the investment unit of The Straits Trading Company, is looking to deploy the remaining one-third of its dry powder in markets such as Australia, Japan, South Korea and China.
Showing up on its radar are retail properties in China and a host of assets in Australia from traditional core real estate such as offices to operational assets such as student housing, healthcare and elder care facilities.
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