Straits Trading to buy JL Family Office's stake in realty investor SRE for $78.3m

Straits Trading to buy JL Family Office's stake in realty investor SRE for $78.3m

Singapore-based Straits Trading will acquire the 10.5% stake it does not own in real estate investment firm Straits Real Estate (SRE) from JL Family Office (JLFO) for a total consideration of S$105 million ($78.3 million), according to a stock exchange announcement.