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Ascendas-Singbridge named as buyer of Sabana Reit's Geo-Tele data centre

Annabeth Leow

Annabeth Leow

Published Thu, Sep 27, 2018 · 09:50 PM

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    Singapore

    THE Ascendas-Singbridge Group has emerged as the buyer of Geo-Tele Centre, a day after the sale of the Tai Seng data centre was announced.

    The manager of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) inked a conditional sale and purchase agreement on Wednesday for 9, Tai Seng Drive, for S$99.6 million in cash.

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