CapitaLand Ascendas REIT (OTCMKTS: ACDSF) is a Singapore-listed real estate investment trust focused on industrial and business space assets. Established with the objective of providing investors with sustainable distributions and long-term capital growth, the trust holds a diversified portfolio of properties that cater to a wide range of industries, including technology, logistics, manufacturing and research and development.
The REIT’s core business activities encompass the acquisition, ownership, asset management and development of business parks, science parks, hi-tech buildings and logistics facilities. Its properties are designed to meet the evolving needs of multinational corporations, emerging companies and small- to medium-sized enterprises by offering flexible leases, integrated infrastructure and supportive services such as data center readiness, sustainability certifications and on-site amenities.
Originally listed on the Singapore Exchange in 2002 as the first pure-play industrial REIT, it later adopted the CapitaLand Ascendas name following the merger of its sponsor with CapitaLand Group in 2021. Today, the trust’s portfolio spans multiple key markets in Asia-Pacific and Europe, reflecting a strategic emphasis on established business ecosystems and high-growth logistics corridors.
CapitaLand Ascendas REIT is managed by a dedicated team under CapitaLand Investment, drawing on deep industry expertise and a track record of disciplined capital deployment. The manager’s focus on operational excellence, asset enhancement and sustainability initiatives seeks to strengthen tenant relationships and drive long-term value for unitholders.
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