Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls

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Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls

Bloomberg2022-07-21

CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...

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stylus
·2022-07-23
Ok
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2
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stylus
·2022-07-23
K
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1
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stylus
·2022-07-22
Woah
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1
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chinks29
·2022-07-22
Ok
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1
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Seah CL
·2022-07-22
K
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1
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SKHan
·2022-07-22
Ok
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3
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WJ77
·2022-07-22
👍
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3
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Mic6226
·2022-07-22
Good
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2
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Leisuretrade
·2022-07-22
didn't know NTUC is a big landlord in SG
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- KH321:
  OK
  2022-07-26
  Reply
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vaicrazy
·2022-07-22
Ok
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2
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Ccchia
·2022-07-22
K
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5
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a1g2r
·2022-07-22
Good
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2
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sunflower19
·2022-07-22
Ok
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3
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eldert
·2022-07-22
Standby cash for right issue for $FRASERS CENTREPOINT TRUST(J69U.SI)$,$CapLand IntCom T(C38U.SI)$to acquire ntuc malls
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Toby_Chua
·2022-07-22
Property hedge for inflation
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2
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ToBeRichDad50
·2022-07-22
Like
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1
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nsk
·2022-07-22
Okay
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2
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nsk
·2022-07-22
Great
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Qingguo
·2022-07-21
Like
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- LMSunshine:
  Thanks for leaving a comment in my post, appreciate it loads 🤗 Check out other posts on my homepage & please help to like, many thanks 🤓
  2022-07-23
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Soyabean89
·2022-07-21
Hope $CapLand IntCom T(C38U.SI)$cict win the bid[Bless]
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Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00823","symbol_name":"领展房产基金","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","article_id":"1127515553","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","pubTimestamp":1658415210,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"00823":"领展房产基金","9CI.SI":"凯德投资"},"translate_title":"凯德和领汇争夺30亿美元的新加坡购物中心","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00823":0.9,"9CI.SI":0.9},"content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. 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Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077213169,"gmtCreate":1658533199851,"gmtModify":1676536171478,"author":{"id":"4105500280423600","authorId":"4105500280423600","name":"stylus","avatar":"https://community-static.tradeup.com/news/152354359006ffa7fa65db84071fe5ed","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4105500280423600","authorIdStr":"4105500280423600"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077213169","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077888832,"gmtCreate":1658491336026,"gmtModify":1676536166962,"author":{"id":"4105500280423600","authorId":"4105500280423600","name":"stylus","avatar":"https://community-static.tradeup.com/news/152354359006ffa7fa65db84071fe5ed","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4105500280423600","authorIdStr":"4105500280423600"},"htmlText":"Woah","listText":"Woah","text":"Woah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077888832","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077936871,"gmtCreate":1658447215193,"gmtModify":1676536159007,"author":{"id":"4095681829599530","authorId":"4095681829599530","name":"chinks29","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4095681829599530","authorIdStr":"4095681829599530"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077936871","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077072357,"gmtCreate":1658445588679,"gmtModify":1676536158318,"author":{"id":"4102135564535180","authorId":"4102135564535180","name":"Seah CL","avatar":"https://community-static.tradeup.com/news/970bca7b04e85a42a2c8eabed7ec96d0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4102135564535180","authorIdStr":"4102135564535180"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077072357","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077022581,"gmtCreate":1658443232643,"gmtModify":1676536157664,"author":{"id":"3573471135601329","authorId":"3573471135601329","name":"SKHan","avatar":"https://static.tigerbbs.com/edb016a1e76d427cf4bc5ef3a5d38289","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3573471135601329","authorIdStr":"3573471135601329"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077022581","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077067457,"gmtCreate":1658442587079,"gmtModify":1676536157421,"author":{"id":"3573616695330925","authorId":"3573616695330925","name":"WJ77","avatar":"https://static.tigerbbs.com/56bf6bd5b462948ac1028ecaabdba952","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3573616695330925","authorIdStr":"3573616695330925"},"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077067457","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077061255,"gmtCreate":1658442011377,"gmtModify":1676536157282,"author":{"id":"4109843165472380","authorId":"4109843165472380","name":"Mic6226","avatar":"https://community-static.tradeup.com/news/642ea3ba3ea408756b94df1fc4fc2d69","vip":1,"hat":"https://static.tigerbbs.com/50a4c8d97279fa9f8f1fa9749a6bdff4","crmLevel":7,"crmLevelSwitch":1,"idStr":"4109843165472380","authorIdStr":"4109843165472380"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077061255","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077086626,"gmtCreate":1658441285465,"gmtModify":1676536157143,"author":{"id":"3571826634738651","authorId":"3571826634738651","name":"Leisuretrade","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"idStr":"3571826634738651","authorIdStr":"3571826634738651"},"htmlText":"didn't know NTUC is a big landlord in SG","listText":"didn't know NTUC is a big landlord in SG","text":"didn't know NTUC is a big landlord in SG","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9077086626","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":103074326,"gmtCreate":1658798844271,"gmtModify":1675837590080,"authorId":3586451610703869,"author":{"id":3586451610703869,"idStr":"3586451610703869","authorId":3586451610703869,"name":"KH321","avatar":"https://static.tigerbbs.com/c1bb8bd7d6d5df5f9732871fe60999ea","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"81.00%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9077086626,"type":1,"supId":0,"prevId":0,"content":"OK","text":"OK","html":"OK"}],"langContent":"EN"},{"id":9077081821,"gmtCreate":1658441031663,"gmtModify":1676536157108,"author":{"id":"3573989963279471","authorId":"3573989963279471","name":"vaicrazy","avatar":"https://static.tigerbbs.com/5e1fe01bd5dda3f3a00e7197697a8873","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3573989963279471","authorIdStr":"3573989963279471"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077081821","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077080300,"gmtCreate":1658440640500,"gmtModify":1676536157014,"author":{"id":"4104210445036030","authorId":"4104210445036030","name":"Ccchia","avatar":"https://community-static.tradeup.com/news/d69e11a239f8e8cde6cbd37227dd17f6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4104210445036030","authorIdStr":"4104210445036030"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077080300","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077034762,"gmtCreate":1658438777457,"gmtModify":1676536156680,"author":{"id":"4100826296170720","authorId":"4100826296170720","name":"a1g2r","avatar":"https://community-static.tradeup.com/news/f59a9110e7f894cf1b74d669b579c9eb","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"4100826296170720","authorIdStr":"4100826296170720"},"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077034762","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077038428,"gmtCreate":1658437679064,"gmtModify":1676536156563,"author":{"id":"4106158448616940","authorId":"4106158448616940","name":"sunflower19","avatar":"https://static.itradeup.com/news/f2b81b440927ad671cd053689e3da178","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"idStr":"4106158448616940","authorIdStr":"4106158448616940"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077038428","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077094958,"gmtCreate":1658427415675,"gmtModify":1676536156411,"author":{"id":"4098194359350380","authorId":"4098194359350380","name":"eldert","avatar":"https://static.tigerbbs.com/13d1116e2ff29a4e6e7571e48b831ca3","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"4098194359350380","authorIdStr":"4098194359350380"},"htmlText":"Standby cash for right issue for&nbsp;<a href=\"https://ttm.financial/S/J69U.SI\">$FRASERS CENTREPOINT TRUST(J69U.SI)$</a>,<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$</a>to acquire ntuc malls&nbsp;","listText":"Standby cash for right issue for&nbsp;<a href=\"https://ttm.financial/S/J69U.SI\">$FRASERS CENTREPOINT TRUST(J69U.SI)$</a>,<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$</a>to acquire ntuc malls&nbsp;","text":"Standby cash for right issue for $FRASERS CENTREPOINT TRUST(J69U.SI)$,$CapLand IntCom T(C38U.SI)$to acquire ntuc malls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077094958","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077099329,"gmtCreate":1658421694061,"gmtModify":1676536156247,"author":{"id":"3576326749731922","authorId":"3576326749731922","name":"Toby_Chua","avatar":"https://community-static.tradeup.com/news/82ec063fd73ccbceee82eab015cdf3fd","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":7,"crmLevelSwitch":1,"idStr":"3576326749731922","authorIdStr":"3576326749731922"},"htmlText":"Property hedge for inflation&nbsp;","listText":"Property hedge for inflation&nbsp;","text":"Property hedge for inflation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077099329","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077005780,"gmtCreate":1658420348540,"gmtModify":1676536156152,"author":{"id":"3580979353261795","authorId":"3580979353261795","name":"ToBeRichDad50","avatar":"https://static.tigerbbs.com/a35bb12d4c813bce3738f9c85e2d0d14","vip":1,"crmLevel":9,"crmLevelSwitch":0,"idStr":"3580979353261795","authorIdStr":"3580979353261795"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077005780","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077006025,"gmtCreate":1658419473367,"gmtModify":1676536156054,"author":{"id":"3566130979400930","authorId":"3566130979400930","name":"nsk","avatar":"https://static.tigerbbs.com/ca5161a1cfd9f69617bbe604d09aa849","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3566130979400930","authorIdStr":"3566130979400930"},"htmlText":"Okay&nbsp;","listText":"Okay&nbsp;","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077006025","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077008488,"gmtCreate":1658419463944,"gmtModify":1676536156045,"author":{"id":"3566130979400930","authorId":"3566130979400930","name":"nsk","avatar":"https://static.tigerbbs.com/ca5161a1cfd9f69617bbe604d09aa849","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3566130979400930","authorIdStr":"3566130979400930"},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077008488","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074775977,"gmtCreate":1658418296299,"gmtModify":1676536155870,"author":{"id":"4087527797406380","authorId":"4087527797406380","name":"Qingguo","avatar":"https://static.tigerbbs.com/34b40eac2af8d6922a5eb7f6bcda3b65","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087527797406380","authorIdStr":"4087527797406380"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9074775977","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":103025190,"gmtCreate":1658509853701,"gmtModify":1675836863506,"authorId":4113904591642392,"author":{"id":4113904591642392,"idStr":"4113904591642392","authorId":4113904591642392,"name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.71%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9074775977,"type":1,"supId":0,"prevId":0,"content":"Thanks for leaving a comment in my post, appreciate it loads 🤗 Check out other posts on my homepage &amp; please help to like, many thanks 🤓","text":"Thanks for leaving a comment in my post, appreciate it loads 🤗 Check out other posts on my homepage &amp; please help to like, many thanks 🤓","html":"Thanks for leaving a comment in my post, appreciate it loads 🤗 Check out other posts on my homepage &amp; please help to like, many thanks 🤓"}],"langContent":"EN"},{"id":9074755539,"gmtCreate":1658415722221,"gmtModify":1676536155468,"author":{"id":"3550998686387787","authorId":"3550998686387787","name":"Soyabean89","avatar":"https://community-static.tradeup.com/news/eb77581e98e9ecdbe378a1373a31b0e9","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3550998686387787","authorIdStr":"3550998686387787"},"htmlText":"Hope <a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$</a>cict win the bid[Bless]&nbsp;","listText":"Hope <a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$</a>cict win the bid[Bless]&nbsp;","text":"Hope $CapLand IntCom T(C38U.SI)$cict win the bid[Bless]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074755539","repostId":1127515553,"repostType":4,"repost":{"id":"1127515553","pubTimestamp":1658415210,"share":"https://ttm.financial/m/news/1127515553?lang=&edition=fundamental","pubTime":"2022-07-21 22:53","market":"sg","language":"en","title":"Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls","url":"https://stock-news.laohu8.com/highlight/detail?id=1127515553","media":"Bloomberg","summary":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser","content":"<html><head></head><body><ul><li>CICT reaching out for financing; Link working with adviser</li><li>Mall assets also draw interest from Frasers Property</li></ul><p>Capitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.</p><p>CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.</p><p>The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.</p><p>Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.</p><p>Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p><p>Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capitaland, Link REIT Are Vying for $3 Billion Singapore Malls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaland, Link REIT Are Vying for $3 Billion Singapore Malls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","00823":"领展房产基金"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/capitaland-link-reit-said-to-vie-for-3-billion-singapore-malls?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127515553","content_text":"CICT reaching out for financing; Link working with adviserMall assets also draw interest from Frasers PropertyCapitaland Integrated Commercial Trust and Link Real Estate Investment Trust are among bidders vying for NTUC Enterprise Co-operative Ltd.’s S$4 billion ($2.9 billion) portfolio of shopping malls in Singapore, people with knowledge of the matter said.CICT is sounding out sources of financing for the prospective transaction, while Hong Kong’s Link REIT is working with an adviser on a potential bid, said the people, who asked not to be identified as the information is private.The assets are also drawing interest from other players in Singapore including Frasers Property Ltd., the people said. Non-binding bids are due by the end of this month, they added.Mercatus Co-operative Ltd., a unit of NTUC that holds the properties, is working with a financial adviser on the potential sale, Bloomberg News reported last month. The company later confirmed it’s conducting a strategic review of some of its real estate assets. Mercatus manages assets worth more than S$10 billion in Singapore and Sydney and is one of the largest mall owners by floor space in the city-state, according to its website.Mercatus owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.Deliberations are ongoing and the companies could decide not to proceed with offers, the people said. CICT regularly holds discussions with other parties and evaluate possible opportunities, its representative said in response to a Bloomberg News query, adding the company will make appropriate announcements should there be any material developments. Representatives for Frasers Property, Link REIT and Mercatus declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":142,"commentSize":20,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}