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Finance & Markets

Indonesian Tycoon Mochtar Riady’s OUE REIT Boosts Stake In Sydney Skyscraper In Deal Valued At $607 Million

OUE REIT—controlled by Indonesian tycoon Mochtar Riady and his family—is doubling down on its Australian investment with the purchase of an additional 50% stake in the 55-story Salesforce Tower, the tallest skycraper in Sydney, in a deal valued at $607 million.

Indonesian Tycoon Mochtar Riady’s OUE REIT Boosts Stake In Sydney Skyscraper In Deal Valued At $607 Million

We haven't written up this one. Forbes has the full story — the link below goes straight to it.

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Thai baht/US dollar weaker on Monday

BANGKOK: The Thai baht slightly weakened against the US dollar on Monday. At 0218 GMT, the baht was 0.09% lower at 33.77 versus the dollar, after trading in a range of 33.755 to 33.825.

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