A&G News 20 April 2020

Allen & Gledhill advised Ascendas Funds Management (S) Limited (in its capacity as manager of Ascendas Real Estate Investment Trust) (“Ascendas Reit Manager”), as transaction counsel, on the S$102.91 million sale and purchase agreement between MBK Real Estate Asia Pte Ltd (“MREA”) and HSBC Institutional Trust Services (Singapore) Limited (in its capacity as trustee of Ascendas Real Estate Investment Trust)(“Ascendas REIT”) to acquire a 25% stake in Ascendas Fusion 5 Pte Ltd (“AF5PL”) from MREA.

AF5PL is the registered proprietor of a premium business park property located at 1 and 3 Fusionopolis Place, Singapore and known as Galaxis. Galaxis is located in the one-north precinct of Singapore, and is the Singapore hub for infocommunications technologies, media, physical sciences and engineering Research & Development industries.

Advising Ascendas Reit Manager were Allen & Gledhill Partners Jerry Koh, Eudora Tan, Foong Yuen Ping and Shalene Jin.


A&G News 18 March 2021

Allen & Gledhill establishes two new Practices, and expands two specialist Practices to help clients seize new opportuni ...

Read more

A&G News 26 August 2021

Allen & Gledhill maintains top position in latest IFLR1000 rankings, with most number of lawyers recognised across all ...

Read more