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Hyflux enters sale and lease-back deal for global HQ
Published Thu, Jun 26, 2014 · 10:00 PM
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BARELY two years since Hyflux unveiled its new global headquarters in July 2012, the water specialist yesterday said that it will sell Hyflux Innovation Centre to Ascendas Real Estate Investment Trust (A-Reit) for $170 million in cash and lease it back for 15 years in a move to unlock capital to fund growth.
The sale and lease-back deal - entered with HSBC Institutional Trust Se…
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