Retail Asia30/06/2017
4min
Blackstone has offered to buy a listed owner of retail assets in Asia-Pacific, valuing the Singapore-based Croesus Retail Trust at SGD901m (€572m). Blackstone has agreed to pay SGD1.17 per unit for all of the company’s issued units and intends to privatise it through a scheme of arrangement to be approved by unitholders. In 2013, Croesus Trust […]