Singapore's Ascendas Reit buying 26 UK logistics properties for $336m

Singapore's Ascendas Reit buying 26 UK logistics properties for $336m

1 Sun Street, Wolverhampton. One of the properties that will be acquired by Ascendas Reit. Photo from Ascendas Real Estate Investment Trust.

Ascendas Reit, Singapore’s first and largest listed business space and industrial real estate investment trust, has announced the acquisition of another 26 logistics properties in the UK for £257.5 million ($336 million).

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