(March 11 11:26) Sbr.com.sg
Submitted By:
Danielle Isaac
Case Study:
No
Its acquisitions in Japan and Canada would enlarge its recurring income base.
Singapore Press Holdings’ (SPH) recent acquisitions of global aged care assets have boosted its facilities by 365 beds (from Japan) and 717 suites (from Canada). The first acquisition was in Japan with five properties (three in Hokkaido, one in Nara, one in Tokyo) for $65.8m, whilst the second was in Canada (five in Ontario, one in Saskatchewan) for $244.5m.
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