Ascendas REIT to acquire Singapore cold storage property for $137m

Ascendas REIT to acquire Singapore cold storage property for $137m

CapitaLand’s Ascendas Real Estate Investment Trust (Ascendas REIT) will acquire a cold storage logistics facility in Singapore from A3 Lux Alpha S.a.r.l for S$191.9 million ($136.6 million), according to an announcement.

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