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Ascendas Reit to buy remaining 75% stake in Galaxis for S$534m

Published Wed, May 5, 2021 · 05:50 AM

Singapore

ASCENDAS Reit is buying the remaining 75 per cent equity stake in Galaxis, a business park at one-north for about S$534.4 million.

Including the acquisition fee of about S$5.4 million, stamp duty, professional and other fees and expenses of S$4 million, the total purchase cost is about S$543.8 million.

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Companies & Markets

Companies & Markets

Ascendas Reit to buy remaining 75% stake in Galaxis for S$534m

KEYWORDS IN THIS ARTICLE

Companies & Markets

Former PAP MP, minister of state retire as company directors

US: Wall St opens higher

Air China orders homegrown C919s in challenge to jet duopoly

HCA beats first-quarter profit estimates on higher patient admissions

F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years

LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses

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