Ascott Reit acquires site in Singapore for SGD 62.4 million (USD 45.7m)

Ascott Reit acquires site in Singapore for SGD 62.4 million (USD 45.7m)

Ascott Residence Trust (Ascott Reit) has acquired a prime greenfield site for SGD 62.4 million for its maiden development project, a coliving property in Singapore’s research and innovation business hub at one-north, Nepal Hill. The property is expected to be managed by its sponsor, The Ascott Limited (Ascott) under the coliving brand, lyf, targeted at the rising […]

The post Ascott Reit acquires site in Singapore for SGD 62.4 million (USD 45.7m) appeared first on Travel Daily Media.

Source: traveldailymedia