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New Deal


Announced

CapitaLand to acquire six multifamily assets in Osaka, Japan for $106m.

Financials

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Transaction Value£85m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Real Estate

Real Estate Holding and Development

Japan

Cross Border

Acquisition

Private Equity

Private

real estate assets

Friendly

Single Bidder

residential real estate

Majority

Synopsis

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CapitaLand, a Singaporean headquartered company focusing on investment, development and management of real estate, agreed to acquire six multifamily assets in Osaka, Japan for $106m. "CLI has over 20 years of experience in Japan, and we are pleased to source and execute this off-market deal for COREF in Japan’s sought-after multifamily sector that has seen increasing interest from international investors," Tan Lai Seng, CLI Managing Director for Japan.

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