CapitaLand Ascendas REIT (A17U)

Overview

CapitaLand Ascendas REIT (CLAR) stands as Singapore's premier and most extensive listed business space and industrial Real Estate Investment Trust (REIT), having made its mark on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. Rooted firmly in Singapore, CLAR has flourished into a global REIT, primarily focusing on tech and logistics properties within developed markets. As of the end of 2023, the trust manages investment properties valued at S$16.9 billion. CLAR’s portfolio comprises 232 properties spread across strategic segments, catering to a diverse range of industries and services across Singapore, the United States, Australia, and the United Kingdom/Europe. It accommodates approximately 1,790 multinational and local enterprises. CLAR is recognized in several prestigious indices and maintains an 'A3' issuer rating by Moody’s Investors Service. It operates under the management of CapitaLand Ascendas REIT Management Limited, a subsidiary of CapitaLand Investment Limited, a global leader in real estate investment with a focus on Asia.

Products and Services

• Business Space and Life Sciences:

  CLAR offers premium business spaces and life sciences facilities designed to meet the nuanced needs of the biomedical sciences, IT, and financial services sectors. These spaces support the core operations of companies like DBS, Singtel, and Citibank, facilitating cutting-edge research and backroom office support.

• Logistics:

  The logistics segment encompasses state-of-the-art logistics and supply chain management facilities. These assets are meticulously designed to accommodate the dynamic demands of leading logistics service providers, exemplified by tenants such as SEA Group and other notable companies engaged in sophisticated supply chain operations.

• Industrial and Data Centres:

  CLAR’s investment in industrial properties and data centres underscores its strategic commitment to supporting the backbone of the digital economy and manufacturing sectors. Housing significant tenants like Equinix, Seagate, and Pinterest, these facilities are pivotal in driving the efficiency and reliability of data management, information technology, and manufacturing processes across the globe.