Brief: Boustead Singapore Says Deals To Divest Interests In Properties Of UI Boustead REIT
10/02/2026 01:26
Feb 10 (Reuters) - Boustead Singapore BTSS.SI: SERIES OF DEALS ENTERED ON 9 FEB TO DIVEST VARIOUS INTERESTS IN REMAINING DIVESTMENT SINGAPORE PROPERTIES OF UI BOUSTEAD REIT UI BOUSTEAD REIT RECEIVES ELIGIBILITY-TO-LIST LETTER ON MAINBOARD OF SGX AGREED PROPERTY VALUE USED TO DETERMINE PURCHASE CONSIDERATION IS ABOUT S$1,904.2 MILLION FOR 23 PROPERTIES TOTAL TRANSACTION PRICE PAYABLE BY UI BOUSTEAD REIT FOR INITIAL PORTFOLIO ESTIMATED TO BE ABOUT S$1,122.4 MILLION GAIN ATTRIBUTABLE TO ASSETS TO BE DIVESTED AFTER PROPOSED BPL TRANSACTIONS OF S$9.7 MILLION Further company coverage: BTSS.SI ((Reuters.Briefs@thomsonreuters.com;))
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