ARA Asset Management Limited (“ARA”) is a premier integrated real estate fund manager in Asia, listed on the Singapore Exchange Securities Trading Limited (“SGX-ST”) since November 2007. JLFO holds 19.07% of ARA shares.
Established in 2002, ARA is driven by a vision to be the best-of-class investment manager, offering bespoke solutions and enduring value to its investors and partners. Over the years, ARA has distinguished itself with its strong track record, extensive business network, local operational expertise and uncompromising fiduciary commitment.
ARA has built a diverse suite of real estate investment trusts (“REITs”) and private real estate funds that are invested in the office, retail, logistics / industrial, hospitality and residential sectors in the Asia Pacific region. Complemented by its in-house real estate management services and advisory services, ARA creates value in every stage of the asset life cycle.
As of December 2015, it has over 1,200 professionals in 15 cities managing total assets of approximately SGD 30 billion and a market capitalisation of SGD 1,171.8 million.
Straits Real Estate Pte. Ltd. (“SRE”) is a real estate investment company that seeks out real estate related investments and opportunities globally. SRE is 89.5% owned by Straits Trading and 10.5% owned by the JLFO. SRE was incorporated in November 2013 with a capital commitment of up to SGD 950 million.
SRE acquisitions include a 25-storey office building located at 114 William Street, Melbourne, Australia and a retail development known as Times Midtown in Chongqing, People’s Republic of China. SRE also invests in real estate related investments in Malaysia and Japan through ARA Harmony Fund III and Greater Tokyo Office Fund, managed by ARA Fund Management (Harmony III) Limited and Greater Tokyo Office Fund (Jersey) GP Limited respectively.