AMP Capital

Ascendas REIT to buy Sydney property for $284 million - THE EDGE SINGAPORE

REITs

Ascendas REIT to buy Sydney property for $284 million

The acquisition will lengthen Ascendas REIT's Australian portfolio’s WALE from 4.3 years to 4.4 years.

M&A

AMP Capital buys out JV partner AMP Capital's stakes in AA REIT and manager

SINGAPORE (Nov 21): AIMS Financial Service Group is acquiring AMP Capital’s 50% stake in the management entities of AIMS AMP Capital Industrial REIT (AA REIT) and also the latter’s 10.26% stake in the REIT.
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