Warburg, Lendlease Buy $1.2 Billion of Real Estate in Singapore [Yahoo! Finance]
LENDLEASE CORP LTD S/ADR (LLESY)
NASDAQ:AMEX Investor Relations:
lendlease.com/investor-centre
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Source: Yahoo! Finance
Most Read from Bloomberg Sydney Central Train Station Is Now an Architectural Destination Nazi Bunker's Leafy Makeover Turns Ugly Past Into Urban Eyecatcher Chicago Overcomes DNC Skeptics With Calm, Parties and Sun How the Cortiços of São Paulo Helped Shelter South America's Largest City With Housing Costs High, Democrats Hone YIMBY Message The as yet unnamed platform, which is also backed by Australia's Lendlease Corp., will acquire business parks and specialist facilities that cater to life sciences and research and development companies. The portfolio spans a gross floor area of 4.5 million square feet across Singapore, the companies said in a statement Tuesday. The assets are being acquired from entities associated with Blackstone Inc. and Lim Chap Huat, executive chairman of Soilbuild Group Holdings Ltd. Warburg, whose other real estate investments in Asia include Hong Kong-based ESR Group Ltd., launched the life sciences and R&D platform with Lendlease at the en
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