Ascendas-Singbridge partners Mitsui to own & operate two office buildings in Shanghai
Michelle Zhu • • 2 min read
SINGAPORE (Feb 14): Ascendas-Singbridge Group and Mitsui Co have signed an agreement to jointly own and operate two office buildings in Shanghai, Ascendas Innovation Place (AIP) and Ascendas Plaza (AP), through a 55:45 partnership.
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SINGAPORE (Feb 14): Ascendas-Singbridge Group and Mitsui Co have signed an agreement to jointly own and operate two office buildings in Shanghai, Ascendas Innovation Place (AIP) and Ascendas Plaza (AP), through a 55:45 partnership.
Ascendas-Singbridge is jointly owned by Temasek Holdings and JTC Corporation through a 51:49 partnership, while Mitsui is one of the largest general trading houses in Japan.
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