7 hours ago
Partners, Hillhouse Platform Buys $238 Million Singapore Assets
Swiss alternatives manager Partners Group and Hillhouse Investment-backed platform EZA Hill Property Management Pte are part of a group buying four industrial and logistics properties in Singapore for S$306 million ($238 million), according to people familiar with the matter.
The properties are being sold by CapitaLand Ascendas REIT, a Singapore-based real estate investment trust that announced Monday it will sell the assets, without disclosing the buyers. Partners will take a majority stake in the operations, according to the people, who asked not to be identified because the information is private.
