SG briefs: Keppel Infrastructure Trust, OUE, OUE Commercial REIT, Ascendas REIT

OUE Commercial Trust's Mandarin Orchard on Orchard RoadOUE Commercial Trust's Mandarin Orchard on Orchard Road. Image taken pre-Covid

Singapore company briefs: Keppel Infrastructure Trust, OUE, OUE Commercial REIT and Ascendas REIT.

Keppel Infrastructure Trust

Keppel Infrastructure Trust said Thursday it has completed its investment into Aramco Gas Pipelines, the gas pipeline business of Saudi Arabian Oil Co. (Aramco), which was led by BlackRock Real Assets and Hassana Investment Co., which is the investment arm of the General Organisation for Social Insurance of the Kingdom of Saudi Arabia.

Read more: Keppel Infrastructure Trust to invest US$250M in Aramco Gas Pipelines

OUE and OUE Commercial REIT

OUE and OUE Commercial REIT said Thursday it has completed the rebranding of the property formerly known as Mandarin Orchard Singapore to the Hilton Singapore Orchard, the brand’s largest in Asia Pacific, after an extensive refurbishment.

Read OUE and OUE Commercial REIT’s filing to SGX.

Ascendas REIT

Ascendas REIT said Thursday it has completed the acquisition of a new logistics property located at Lot 7, Kiora Crescent, in Sydney, Australia, for S$21.1 million, or around A$23.5 million. 

Read Ascendas REIT’s filing on the property.