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Ascendas-Singbridge buys Shanghai building

Published Tue, Mar 21, 2017 · 09:50 PM

ASCENDAS-SINGBRIDGE Group on Monday announced the acquisition of a premium-grade commercial building in Shanghai, in line with its plan to grow its portfolio of commercial assets in China's tier-1 cities.

The company declined to disclose the purchase consideration for the building.

Located at 686 Jiujiang Road, Huangpu District, the development has a total above-ground gross floor area of 24,883 square metres.

The 14-storey building is near Shanghai ci…

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