Cyrus BidCo S$900.6 million bid for Croesus Retail Trust

28/8/2017

Private acquisition

Value:

$ 900.6 million

Status:

Announced

Date:

28/8/2017

Overview:

Cyrus BidCo has made a bid to acquire Croesus Retail Trust for S$900.6 million.
Blackstone Real Estate will provide funding for the acquisition.
Croesus owns and manages real estate assets in Tokyo, Osaka, Hokkaido, Hiroshima and Fukuoka valued at S$1.5 billion.

Katrin Kostadinova - Data analyst

Jurisdictions:

Japan
Singapore

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Singapore

Industry sector:

Real estate

Firm:

Allen & Gledhill

Party: Croesus Retail Asset Management (Seller)

Lawyers: Jerry Koh, Mei Lim, Pee Hua Long, Sharon Wee

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