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23 Jan 2026
Straits Trading sells stake in Korean warehouse, to receive net proceeds of $83.4 mil
Summary
Straits Trading sold a 47.3% stake in the Arenas Yeongjong Logistics Center in Korea for $377.6 million, realizing a net profit of $83.4 million. The sale aligns with Straits Trading’s capital recycling strategy and reallocates capital towards long-term portfolio opportunities.