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Ascendas Reit completes A$83.8m acquisition

The acquisition of the propery at 100 Wickham Street in Queensland is expected to be accretive to the trust's distribution per unit.


ASCENDAS Reit has completed the A$83.8 million (S$90.3 million) acquisition of a CBD fringe office property in Australia.

The property is at 100 Wickham Street, Fortitude Valley, in Queensland. The seller is 100W Pty Ltd, an Australian private company.

The trust is...

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