Link REIT’s acquisition of Jurong Point and Swing By at Thomson Plaza from Mercatus marks the exciting entry of Asia’s largest REIT into the Singapore market.
Cistri assisted Link REIT with the due diligence of Mercatus’ suburban retail portfolio for this transaction. Leveraging our knowledge of and experience in the Singapore retail market, we advised Link REIT on the fundamental factors driving the performance and potential of the target assets.
Our advice was underpinned by market research complemented by big data analytics to help Link REIT understand the consumer and competitor landscape affecting the assets.
Our team of retail economists is proud to have played a part in Singapore’s largest real estate transaction in 2022. The acquisition marks the exciting entry of Asia’s largest REIT into the Singapore market.
Singapore’s largest real estate transaction in 2022, valued at S$2.161 billion.