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Singapore's Ascendas splashes £257.5m on second UK industrial portfolio

Ascendas Reit, the Singaporean REIT, has bought a second major UK industrial portfolio, paying Griffen Group £257.5m for 26 logistics properties.
CoStar News
October 1, 2018 | 1:54 P.M.

The acquisition follows its acquisition of 12 industrial assets in July - the so-called Project Owl portfolio - from Oxenwood for £207m, further expanding its footprint beyond Asia and Australia.

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