Real Estate Digest: Ascendas REIT to buy Philips APAC Center; Prologis China fund adding five assets

Real Estate Digest: Ascendas REIT to buy Philips APAC Center; Prologis China fund adding five assets

Philips APAC Center

Singapore’s first listed REIT is acquiring Philips APAC Center for about $76 million while a Prologis-managed fund is adding five assets in China.