08 Dec 2021

OUE Lippo Healthcare's S$163.5m divestment in 12 nursing homes in Japan

Partners Sandy Foo and Penelope Loh from Rajah & Tann Singapore are advising OUE Lippo Healthcare Limited on the S$163.5 million divestment of its interests in two wholly-owned subsidiaries, which together hold 100% of the interest in 12 nursing homes located across Japan to Perpetual (Asia) Limited (in its capacity as trustee of First Real Estate Investment Trust).