30 Apr '14, 11pm

#GlobalREBubble #Singapore 'Mapletree, Oakwood Ink Mega-Bucks Deal' via @SGPropertyGuru

Mapletree, a real estate development, investment and capital management company headquartered in Singapore, will acquire a 49 percent stake in Oakwood Asia Pacific, Oakwood's serviced apartment business in Asia. “The joint venture will help Mapletree build our operational capability in the corporate and serviced apartments sector. This sector is another key asset class which we are confident of building into a world class platform with Oakwood as a partner,” said Mapletree Group CEO Hiew Yoon Khong.

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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