Ascott’s private equity fund to acquire lyf-branded co-living property in Sydney
Capitaland Investment’s lodging business Ascott is acquiring its first lyf-branded co-living property in Sydney, the company said Thursday.
Sovereign Wealth Funds
Cuscaden Peak’s chain offer for SPH REIT turns unconditional
Cuscaden Peak’s offer to acquire all of SPH REIT’s units has become unconditional, as acceptances pushed its holding over the 50% threshold.
SGX CDP sets up Marketnode’s platform for faster debt issuance
SGX CDP is making Marketnode’s platform available to market participants, in a move to shorten settlement time for new-issue bond offerings.
SG debt listings Wednesday: ICBC, Wuxi Jinyuan Industry Investment Devt Group
SG debt listings Wednesday, 1 June 2022: Industrial and Commercial Bank of China (ICBC) and Wuxi Jinyuan Industry Investment Development.
SPH REIT unitholders advised to accept Cuscaden Peak offer
The independent financial advisor (IFA) has advised SPH REIT unitholders accept Cuscaden Peak’s offer, according to the circular.
SG debt listings Friday: DBS, Astrea 7, Shinhan Bank, Kodit, Zhongrong Intl
SG debt listings Friday, 27 May 2022: Shinhan Bank, Zhongrong International, Kodit Global 2022-1 Co., DBS Bank and Astrea 7.
Azalea’s Astrea 7 US$755M bonds oversubscribed
The US$755M of private equity-backed bonds offered by the Astrea 7 were oversubscribed, Azalea Investment Management said Thursday.
GIC leads investment round in Indonesian robo-advisor fintech: Report
Singapore’s sovereign wealth fund GIC has led an investing round in Indonesian robo-advisor Bibit, according to a DealStreetAsia report.
SG stocks Wednesday: Keppel, CityDev, Grab, ADDX, Watches.com
SG stocks Wednesday, 25 May 2022: Keppel, City Developments, Grab, UOB, SET, Temasek, ADDX and Watches.com.
Grab’s new wealth management product taps Temasek-tied funds
Superapp Grab has launched a new low-minimum wealth management product, tapping on funds from one of Temasek’s subsidiaries.
Temasek-backed ADDX raises fresh funding From SET, UOB
Temasek-backed digital securities exchange ADDX has raised fresh funding from investors including the Stock Exchange of Thailand and UOB.
Nomura to acquire substantial stake in forestry asset manager
Japanese investment bank Nomura Holdings is acquiring a substantial stake in New Forests, an asset manager focused on forestry investments.