Ascendas REIT S$102.9 million acquisition of 25% stake in Galaxis

20/4/2020

Private acquisition

Value:

S$ 102.9 million

Status:

Completed

Date:

20/4/2020

Overview:

Singapore's largest listed business space and industrial, Ascendas REIT, has acquired a 25% stake in business park Galaxis for S$102.9 million.

Shah Shameer Ahmed - Researcher

Jurisdiction:

Singapore

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Real estate

Firm:

Allen & Gledhill

Party: Ascendas Funds Management (REIT Manager )

Lawyers: Eudora Tan, Jerry Koh

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