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

20/4/2024
Private acquisition

S$ 102.9 million

Completed

20/4/2024


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:

Party: Ascendas Funds Management (REIT Manager )

Lawyers: Eudora Tan, Jerry Koh