Standard Chartered (HKG:2888) has sold and leased back two business park properties in Singapore to a consortium comprising Japan's Hulic (TYO:3003), RISA Partners, EZA Hill Property Management, and TRI Investment Management.
The properties are 7 Changi Business Park Crescent and 9 Changi Business Park Crescent.
The investment was executed through a Japanese investor platform managed by EZA Hill alongside TRI Investment Management, Hulic said in a Wednesday release.
The value of the deal was undisclosed.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments