CapitaLand completes buy for Temasek's Ascendas-Singbridge

Submitted By:  Arianna Danganan Case Study:  No The group is now one of the region’s largest real estate groups with over $123b of AUM. CapitaLand has completed its transaction with Temasek and acquired all the issued shares of each of Ascendas and Singbridge, creating one of Asia’s largest diversified real estate groups with over $123b of assets under management (AUM), an announcement revealed. The transaction was said to have received “overwhelming approval by CapitaLand’s independent shareholders” at an extraordinary general meeting (EGM) held in April. read more