SINGAPORE - Southeast Asia's largest property developer CapitaLand Ltd said it has acquired a 40 per cent stake in Surbana Corporation, a private limited company wholly-owned by Singapore state investor Temasek Holdings, for a cash consideration of S$360 million (US$288.8 million).
Capitaland, about 40 per cent owned by Temasek, said it appointed JPMorgan as the financial advisor to the acquisition of Surbana, a real estate consultant firm and developer with four township developments in Chinese cities. -- REUTERS
Posts
An Executive Condo Just Sold For $3.05m: Is This An Outlier Or A Sign Of
Things To Come?
-
Hundred Palms is likely the first Executive Condo to breach the $3 million
mark ($3,058,888) for a resale, non-penthouse unit, with the Option secured
as...
10 hours ago
No comments:
Post a Comment