Business Times

ARA Asset Management has purchased Parc1 Tower II - an office building in Seoul - for over one trillion Korean won (S$1.21 billion), in a deal slated to be the largest single asset transaction in Korea this year, ARA said in a press statement on Tuesday. ARA Asset Management has purchased Parc1 Tower II - an office building in Seoul - for over one trillion Korean won (S$1.21 billion), in a deal...

THE respective independent financial advisers (IFAs) appointed by the managers of ESR-Reit and Sabana Shari'ah Compliant Industrial Reit (Sabana Reit) have advised the Reits' directors to recommend that unitholders vote in favour of the merger. THE respective independent financial advisers (IFAs) appointed by the managers of ESR-Reit and Sabana Shari'ah Compliant Industrial Reit (Sabana Reit) have...

REAL estate agency PropNex reported a 10.6 per cent improvement in its bottom line for its fiscal third quarter despite a dip in revenue, it said in an exchange filing on Thursday morning. REAL estate agency PropNex reported a 10.6 per cent improvement in its bottom line for its fiscal third quarter despite a dip in revenue, it said in an exchange filing on Thursday morning. The Business Times -...