Singapore's Ascendas Reit to acquire Sydney office property for $212.8m

Singapore's Ascendas Reit to acquire Sydney office property for $212.8m

1 – 5 Thomas Holt Drive, Macquarie Park in Sydney, Australia.

Ascendas Reit, Singapore’s largest listed business space and industrial real estate investment trust, is acquiring a suburban office property in Sydney, Australia for S$284 million ($212.8 million), according to an announcement.