The Business Times
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AA Reit inks fresh 12-year master lease with Singtel Optus unit in Australia

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Published Mon, Nov 25, 2019 · 09:50 PM

Singapore

AIMS Apac Reit (AA Reit) and its joint venture partner, Stockland, have secured a new agreement with its existing master tenant Optus Administration for a further 12-year term at the Optus Centre property in Macquarie Park in Australia.

Optus Administration is a wholly-owned unit of Singtel Optus, a subsidiary of Singapore Telecommunications. Singtel Optus is also Australia's second largest telecommunications company.

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