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Ascendas Reit acquiring One@Changi City for S$420m

Singapore

ASCENDAS Real Estate Investment Trust (A-Reit) is acquiring One@Changi City, a property at Changi Business Park, for S$420 million.

The vendor is Ascendas Frasers Pte Ltd, a 50/50 joint venture between Frasers Centrepoint Ltd and A-Reit's controlling unitholder Ascendas

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