Asset

CapitaLand Investment expands fund with Japan asset acquisition at 30 billion yen
CapitaLand Investment expands fund with Japan asset acquisition at 30 billion yen
June 9, 2025
[SINGAPORE] CapitaLand Investment (CLI) on Monday (Jun 9) announced that it secured additional capital commitments from new and existing institutional investors for its value-add lodging private fund, CapitaLand Ascott...
Saudi Aramco considers asset sales to free up funds: sources
Saudi Aramco considers asset sales to free up funds: sources
May 26, 2025
Published Mon, May 26, 2025 · 10:18 AM[DUBAI] Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with knowledge of the matter said, as...
Manulife US Reit gets nod to extend asset disposal deadline to Dec 31
Manulife US Reit gets nod to extend asset disposal deadline to Dec 31
May 23, 2025
[SINGAPORE] The manager of United States office real estate investment trust (Reit) Manulife US Reit (MUST) on Friday (May 23) announced it has received approval from lenders to extend...
Rajeev Mittal appointed CEO of Prudential’s asset management arm
Rajeev Mittal appointed CEO of Prudential’s asset management arm
May 22, 2025
[SINGAPORE] Rajeev Mittal will lead Prudential’s asset management business, Eastspring Investments, from Jul 1. He will replace Bill Maldonado, who will retire and return to the United Kingdom where...
Guinness-owner Diageo plans cost cuts, asset sales to reduce debt
Guinness-owner Diageo plans cost cuts, asset sales to reduce debt
May 19, 2025
[BENGALURU] Diageo unveiled a plan on Monday (May 19) to cut US$500 million in costs and make substantial asset disposals by 2028, as the maker of Johnnie Walker whisky...
Airbus to take over Spirit asset as part of Boeing reintegration
Airbus to take over Spirit asset as part of Boeing reintegration
April 28, 2025
[LONDON] Airbus reached a final agreement to take over some assets and sites from Spirit AeroSystems Holdings, clearing the way for the struggling US aerospace supplier to be acquired...
ESR-Reit Q1 NPI up 31.3% at S.5 million on acquisitions, asset enhancements
ESR-Reit Q1 NPI up 31.3% at S$82.5 million on acquisitions, asset enhancements
April 22, 2025
[SINGAPORE] The manager of ESR-Reit on Tuesday (Apr 22) posted a 31.3 per cent rise in net property income (NPI) for the first quarter to S$82.5 million from S$62.9...
Japan’s Nomura to buy Macquarie’s US, European asset management units for A.8 billion
Japan’s Nomura to buy Macquarie’s US, European asset management units for A$2.8 billion
April 21, 2025
[BENGALURU] Japanese investment bank Nomura will acquire Macquarie Group’s public asset management operations in the United States and Europe for A$2.8 billion (S$2.3 billion), the companies said on Tuesday...
Cargill’s asset network, innovation help food businesses manage market volatility
Cargill’s asset network, innovation help food businesses manage market volatility
April 10, 2025
[SINGAPORE] In agribusiness where volatility stays, food giant Cargill is responding to its customers’ evolving needs with flexibility and innovation. “We are fortunate as Cargill... to have the flexibility...
US asset sell-off hammers greenback against safe-haven currencies, euro
US asset sell-off hammers greenback against safe-haven currencies, euro
April 9, 2025
THE US dollar dropped versus safe-haven currencies and the euro on Wednesday (Apr 9) as investors worried about the economic impact of US tariffs, which spooked the world’s equity...