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It is expected to provide stable income. According to KGI Fraser, Croesus Retail Trust (CRT) is acquiring Fuji Grand Natalie, a suburban retail property in Hiroshima Prefecture. It added, “The NPI yield of the acquisition is 6.3 percent using the purchase…
Singapore-listed Croesus Retail Trust achieved a 17.2 per cent increase in quarterly earnings to $23 million from its Japanese shopping centre investments. But that was not enough to change its distribution per unit (DPU) for the quarter, which remained flat…
Singapore’s Croesus Retail Trust has bought Torius Property in Fukuoka Prefecture, Japan, for JPY 7,997 million (S$95.2 million). Torius, comprising 36 separate retail buildings, will be Croesus Singapore’s eighth Japanese property and marks its first foray…
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