Ascendas-Singbridge named as buyer of Sabana Reit's Geo-Tele data centre
Annabeth Leow
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report