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