ARA Private Funds inks more than US$460m of property deals in H1

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.