SINGAPORE (Feb 19): Frasers Property is acquiring a property portfolio of 22 assets that are mainly owned and managed by Alpha Industrial Holding in Luxembourg, as well as the project and asset management business of Alpha Industrial, through the purchase of 100% of Alpha Industrial GmbH & Co in Cologne, Germany.
The total consideration for the portfolio and business acquisition is €285.2 million (S$467.7 million)
Alpha Industrial is a German-based...(click on link for full story on theedgesingapore.com)