BRIEF-Ascendas REIT To Acquire Remaining 75% Interest In Galaxis For S$534.4 Million
May 4 (Reuters) - Ascendas Real Estate Investment Trust :
* ASCENDAS REIT TO ACQUIRE REMAINING 75% INTEREST IN GALAXIS FOR S$534.4 MILLION
* BASED ON PROPOSED ACQUISITION NPI YIELD FOR 1ST YEAR IS ABOUT 5.4% & 5.3% PRE-TRANSACTION COSTS AND POST- TRANSACTION COSTS RESPECTIVELY
* PRO FORMA IMPACT ON DPU FOR FY ENDED DEC 31, 2020 IS EXPECTED TO BE AN IMPROVEMENT OF 0.059 SINGAPORE CENTS Source text for Eikon: Further company coverage: