Singapore's Ascendas Reit acquires Australian property for $25m

Singapore's Ascendas Reit acquires Australian property for $25m

Sydney Opera House in Sydney, Australia

Ascendas Reit, Singapore’s first and largest listed business space and industrial real estate investment trust, has announced its acquisition of Cargo Business Park, a logistics property located in Brisbane, Australia, for A$33.5 million ($25 million).

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