February 24, 2020

Ascendas Reit divests Changi South warehouse for $20.3 mil

By Timothy Tay|February 24, 2020 7:51 PM SGT SINGAPORE (EDGEPROP) - Ascendas Real Estate Investment Trust (Ascendas Reit) has entered into a sale and purchase agreement to divest its warehouse property at 25 Changi South Street 1 for $20.3 million. According to Ascendas Funds Management (S), the manager of Ascendas Reit, the buyer is convenience store chain Hao Mart. The two-storey, ramp-up building...

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