UPDATE 1-Liberty Property Trust to buy Republic Property

(Reuters) - Liberty Property, which owns, develops and manages
industrial and office properties in the United States and
Britain, said it will acquire Republic's outstanding common
shares for $14.70 a share in cash, which was 28 percent more
than Republic's closing share price on July 23.




Liberty will also assume debt of $415 million as of March
31.


Read more at Reuters.com Mergers News

Singapore's Stock Index Little Changed; CapitaLand Falls, SembCorp Rises

(Bloomberg) -- Singapore's key stock index is little
changed. Property stocks fell, led by CapitaLand Ltd., the city-
state's largest developer, on concern recent gains were excessive.

SembCorp Marine Ltd., the world's second-largest rig-builder,
led oil-and-gas equipment suppliers higher as crude oil traded
near a nine-month high.


Read more at Bloomberg Stocks News

HDG Mansure to Sell Shares in Islamic Property Fund in Dubai and London

(Bloomberg) -- HDG Mansur Capital Group LLC, an
investment company managing about $2.4 billion of property assets,
plans to sell shares in an Islamic real-estate fund in Dubai and
London to raise at least $400 million.

HDG Mansur, which has offices in the U.K. and U.S., will
list its Al-Umran Global Property Fund Ltd. as a company on the
Dubai International Financial Exchange, it said in a statement on
its Web site today. The fund's shares will also trade through
global depositary receipts on the London Stock Exchange.


Read more at Bloomberg Emerging Markets News