{"id":102966,"date":"2019-01-15T10:11:22","date_gmt":"2019-01-15T03:11:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-leads-singapore-reit-consolidation-with-4-4-billion-purchase-from-temasek\/"},"modified":"2019-01-15T11:03:13","modified_gmt":"2019-01-15T04:03:13","slug":"capitaland-leads-singapore-reit-consolidation-with-4-4-billion-purchase-from-temasek","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-leads-singapore-reit-consolidation-with-4-4-billion-purchase-from-temasek\/","title":{"rendered":"CapitaLand leads Singapore REIT consolidation with $4.4 billion purchase from Temasek"},"content":{"rendered":"<p>&#013;<br \/>\nSingapore\u2019s CapitaLand is buying the owner of a clutch of real estate investment trusts from state investor Temasek for about US$4.4 billion, a deal the developer said would create the largest diversified property group in Asia.<br \/>\nCapitaLand will buy the holding companies of the business of the Ascendas-Singbridge Group, which manages Ascendas Real Estate Investment Trust, Ascendas India Trust and Ascendas Hospitality Trust, for cash and stock.<br \/>\nThe deal marks one of the biggest&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/2182082\/capitaland-leads-singapore-reit-consolidation-44-billion-purchase\" target=\"_blank\">CapitaLand leads Singapore REIT consolidation with .4 billion purchase from Temasek<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Singapore\u2019s CapitaLand is buying the owner of a clutch of real estate investment trusts from&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-102966","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qMK","jetpack-related-posts":[{"id":108590,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-completes-acquisition-of-ascendas-singbridge\/","url_meta":{"origin":102966,"position":0},"title":"CapitaLand Completes Acquisition Of Ascendas-Singbridge","date":"July 1, 2019","format":false,"excerpt":"\r CapitaLand has completed its acquisition of all the shares in Ascendas Pte Ltd and Singbridge Pte. Ltd., resulting in the creation of one of the largest diversified real estate groups in Asia, with assets under management at over $123 billion. This comes after the acquisition received overwhelming approval from\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105187,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-cfo-ascendas-singbridge-is-complementary-to-us\/","url_meta":{"origin":102966,"position":1},"title":"CapitaLand CFO: Ascendas-Singbridge is &#039;complementary&#039; to us","date":"March 20, 2019","format":false,"excerpt":"\r Andrew Lim of CapitaLand weighs in on the company's proposed acquisition of Ascendas-Singbridge. He says it will give CapitaLand the ability to deepen its presence in Singapore and China.\r \r Source : cnbc.com\r Read more...CapitaLand CFO: Ascendas-Singbridge is 'complementary' to us","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107531,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-unveils-key-executive-appointments\/","url_meta":{"origin":102966,"position":2},"title":"CapitaLand unveils key executive appointments","date":"May 28, 2019","format":false,"excerpt":"\r The management bench is comprised of accomplished leaders and skilled professionals. With the acquisition of Ascendas-Singbridge on track for completion by end June, CapitaLand announced several key executive appointments to drive its next phase of growth. CapitaLand also set up a Group Centre of Excellence (COE) which will focus\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111111,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-tops-sias-20th-investors-choice-awards-for-fourth-straight-year\/","url_meta":{"origin":102966,"position":3},"title":"CapitaLand tops SIAS 20th Investors\u2019 Choice Awards for fourth straight year","date":"September 27, 2019","format":false,"excerpt":"\r The Group also received the Sustainability Award in the Big Cap category, the Most Transparent Company Award in the Real Estate category and runner-up for the Singapore Corporate Governance Award. CapitaLand Group garnered 14 wins group wide during the Securities Investors Association Singapore (SIAS) 20th Investors\u2019 Choice Awards, making\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ascott-reit-ascendas-unit-merger-presents-huge-opportunity\/","url_meta":{"origin":102966,"position":4},"title":"Ascott REIT, Ascendas unit merger presents &#039;huge opportunity&#039;","date":"July 3, 2019","format":false,"excerpt":"\r Ascott Residence Trust and Ascendas Hospitality Trust are set to merge to form Asia Pacific's largest hospitality trust. Tan Juay Hiang of Ascendas Hospitality Trust weighs in.\r \r Source : cnbc.com\r Read more...Ascott REIT, Ascendas unit merger presents 'huge opportunity'","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113801,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-to-create-asia-pacifics-third-largest-reit-with-us6-2-billion-merger-of-singapore-office-and-shopping-mall-trusts\/","url_meta":{"origin":102966,"position":5},"title":"CapitaLand to create Asia-Pacific\u2019s third largest REIT with US$6.2 billion merger of Singapore office and shopping mall trusts","date":"January 22, 2020","format":false,"excerpt":"\r CapitaLand Mall Trust and CapitaLand Commercial Trust plan to merge their holdings in shopping malls and offices in Singapore and Germany to create the third largest real estate investment trust by market value in Asia-Pacific.\r\rCapitaLand Mall Trust will buy all CapitaLand Commercial Trust units by stock, cash and fees\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102966"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=102966"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102966\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}