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Yogesh Jain, MD, PNC Infratech Limited, described it as one of the most substantial transactions in terms of value within the Indian roads sector.
The deal divests all of Wintershall's E&P assets except those in Russia.
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Portfolio comprises 200,000 sqm of last mile logistics space and marks the Reit's first entry into the US logistics market
Share this article Share this article SINGAPORE, March 17, 2021 /PRNewswire/ -- Ascendas Funds Management (S) Limited (the "Manager"), in its capacity as the manager of Ascendas Real Estate Investment Trust ("Ascendas Reit") (Singapore: A17U), is pleased to announce the Proposed Acquisition of a portfolio of data centres located across Europe (the "Proposed Acquisition")[1], for S$904.6 million[2] ("Total Consideration") from subsidiaries of Digital Realty Trust, Inc. ("Vendor"). The portfolio comprises 11 data centres (the "Target Portfolio" or "Target Properties") located across the Unite...