Ascendas Reit to buy remaining 75% stake in Galaxis for S$534m
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.
TRENDING NOW
‘Singapore cannot afford to keep losing clients to Dubai and Hong Kong’: Industry says faster onboarding vital for wealth hub edge
‘Capital guaranteed’ label for investment-linked policies misleading: MAS, Life Insurance Association
DBS to open 18 new and 36 upgraded wealth centres across Apac by 2027
Singapore is showing why cooling is the next investment asset