S'pore Ascendas to buy Goodman's A-REIT stake for $114m

Reuters
12 Mar 2008

SINGAPORE, March 12 (Reuters) - Singapore industrial landlord Ascendas said on Wednesday it will buy out Goodman Group's (GMG.AX: Quote, Profile, Research) share of Ascendas Real Estate Investment Trust (AEMN.SI: Quote, Profile, Research) (A-REIT) for S$158.16 million ($114.1 million), ending thejoint venture between the two firms.

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