Keppel REIT's shares were sold off by sovereign wealth fund Temasek Holdings. Singapore's state owned investment firm, Temasek Holdings Pte, had disposed of its stake in office real estate firm Keppel REIT.
Real Estate
Regulator investigates MREITs- report
The New York Fed was looking more closely at mortgage real estate investment trusts, according to a report from the Financial Times.
Far East Orchard considers Australian listing of hospitality trust
Far East Orchard said it was thinking of listing a real estate investment trust to focus on the hospitality market in Australia.
Marcato Capital urges Sotheby's to sell properties to free cash- report
According to a Wall Street Journal report, Marcato Capital would like Sotheby's to divest its New York and London properties.
Emirates NBD to exit from Union Properties
Emirates NBD would be exiting from its remaining 15% stake in property developer Union Properties. On Thursday, the chief financial officer of Dubai's largest bank said it would be divesting its remaining ownership in Union Properties.
Latest News
Bill Gates bought a 6% stake in Spain's FCC for EUR 113.5 million. Billionaire Bill Gates had purchased a 6% stake in Spain-based construction firm Fomento de Construcciones & Contratas or FCC.
Goldman Sachs Group raised EUR 289 million from selling 7 million of shares in German property company LEG Immobilien.
Dubai Land Department's managing director announced the launch of its e-Market website during the GITEX Information and Technology Exhibition.
Two firms owned by Li Ka-shing would be selling holdings in Extreme Selection, the firm that owns the company developing a real estate project in Lujiazui's financial district.
Blackstone Group's Brixmor Property Group would be raising USD 787.5 million in a planned US IPO.
Richmond resident trustees have filed an appeal on a decision made by US District Judge Charles Breyer dismissing the eminent domain case.
GI Partners' Datacore LP acquires Regent Commons, a property with LEED certification located near the Dallas Fort Worth International Airport.
TPG Capital together with Ivanhoe Cambridge bought Europe-based P3. TPG Capital and Ivahoe Cambridge Inc of Montreal bought warehouse landlord P3 Plc from Arcapita Bank.
KB Home set to offer bonds as well as notes issued to assist its plan to retire soon to be maturing debt.
