You are here


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

The deal - for 9, Tai Seng Drive, at S$99.6 million in cash - is 2 ½ times the book value of the property, based on a valuation as at June 30.


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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to