The investment in the Apac serviced apartment and rental housing firm could be worth as much as $150m, with the money set to help expand Dash Living's footprint in the region, in particular in Japan.
A challenging market backdrop offers scope for increased M&A activity in Asia Pacific in 2025. Rohit Satsangi and Zi-Kuan Lim, Co-Heads of M&A for Deutsche Bank in the region, talk to FinanceAsia about the key opportunities, and why the firm is well-positioned to capitalise on them.
Canada’s Alimentation Couche-Tard’s revised offer for Seven & i Holdings marks a crucial moment in Japan’s corporate deal making, assessing whether Tokyo’s shareholder initiatives can unlock value for investors; recent political turmoil could also have an impact.
As part of the nascent Apac living sector, multifamily asset purchasing has been increasing in Japan, bolstered by a rebound in tourism, low interest rates and strong rental growth.
The proposed valuation fails to reflect the board’s view, while regulatory concerns are an additional hurdle, said the company in a public letter; Couche-Tard has responded by letter.
APSEZ has sealed the deal for $185m in cash, which will help it expand offshore support vessel operations in the Middle East, the Indian subcontinent, Far East Asia and Africa.