Straits Trading's Businesses

Property

Straits Developments Pte. Ltd.


Incorporated in 1963, Straits Developments Pte. Ltd. (“SDPL“) is a wholly-owned subsidiary of Straits Trading. SDPL has its roots as a real estate developer and is the corporate and operational arm for the Group’s property business, except for those which fall under Straits Real Estate. The company focuses on creating value from the legacy land and assets owned by the Group. These include iconic developments in Singapore and Malaysia.

 

 

 

STC Property Management Sdn. Bhd.

Straits Trading owns a 100% stake in STC Property Management Sdn. Bhd. (“STCPM”). STCPM spearheads the development of Straits City, a 40-acre master-planned CBD project in Butterworth, Penang, Malaysia. The development includes a retail mall, hotels, service apartments, offices and residential.

For more information, please visit
www.straits-city.com.

Straits Real Estate Pte. Ltd.


Straits Trading owns an 100% stake in Straits Real Estate Pte. Ltd. (“SRE”). SRE is an investment company that identifies and participates in real estate related investments and opportunities across the world. Launched in 2013, SRE has grown to manage a diverse investment portfolio with $1.9 billion in assets (as at 31 December 2020) in China, Malaysia, Singapore, Japan, Australia and South Korea.

For more information, please visit
www.straitsrealestate.com.


Straits Investment Management Pte. Ltd.

Straits Trading owns a 100% stake in Straits Investment Management Pte. Ltd. (“SIM”). SIM is a global fund management firm with capabilities in equities, fixed income, and alternative investments. The firm holds a Capital Markets Services (CMS) licence for fund management issued by the Monetary Authority of Singapore (MAS).

 

ESR Cayman Limited


In August 2021, Straits Trading’s 22.1% owned associate, ARA Asset Management Holdings Pte Ltd (“ARA”) entered into an agreement to merge with ESR Cayman Limited (“ESR”).

The transaction, which was completed on 20 January 2022, realised approximately S$685.6 million in valuation uplift for Straits Trading’s equity stake in ARA. Post merger, Straits Trading holds approximately 4.8% equity stake in the enlarged ESR.

Straits Trading stands to ride on the growth of ESR, Asia Pacific’s largest real estate and assets manager with US$140 billion in gross assets under management.

For more information, please visit
www.esr.com.

Suntec Real Estate Investment Trust

Straits Trading and its associate ARA own in aggregate a 11.2%(1) stake in Suntec Real Estate Investment Trust (“Suntec REIT”). Suntec REIT is Singapore’s first and largest composite REIT, which owns high quality office assets, complemented by retail and convention components. As at 31 December 2020, Suntec REIT has assets under management of over $11.7 billion, with properties in Singapore and the key Australian cities of Sydney, Melbourne and Adelaide.

For more information, please visit
www.suntecreit.com.

(1) Aggregate interest in Suntec REIT, comprising 2.8% direct interest and 8.4% deemed interest through its shareholding in ARA group companies 


Singapore

SINGAPORE

Freehold Good Class Bungalows (GCBs)

Australia

AUSTRALIA

St Georges Terrace in Perth’s CBD

AUSTRALIA

Pitt Street in Sydney’s CBD

AUSTRALIA

6 logistics developments in Adelaide

AUSTRALIA

2 logistics developments in Melbourne

China

CHINA

悅地 My Place in Chongqing

CHINA

Sanlin InCity in Pudong

Korea

KOREA

Arenas Yeongjong (Sky Logis) Logistics Facility in Incheon

Japan

JAPAN

Office and Multi-family residential in Japan Value Fund II

Malaysia

MALAYSIA

1 Mont Kiara Mall in Kuala Lumpur

MALAYSIA

AEON Bandaraya in Malacca

MALAYSIA

Ipoh Parade Mall in Perak

MALAYSIA

Klang Parade Mall in Selangor

MALAYSIA

Citta Mall in Selangor

MALAYSIA

Straits City in Penang

United Kingdom

UNITED KINGDOM

Bourne Business Park in Surrey

UNITED KINGDOM

Avenue Retail Park in Cardiff

UNITED KINGDOM

Portlethen Retail Park in Aberdeen