About CapitaLand Ascendas REIT
CapitaLand Ascendas REIT (CLAR) is Singapore’s first and largest listed Business Space and Industrial Real Estate Investment Trust (REIT). It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002.
CLAR has since grown to be a global REIT anchored in Singapore, with a strong focus on tech and logistics properties in developed markets. As at 31 December 2023, it owns 232 properties across three key segment, namely, 1) Business Space and Life Science, 2) Logistics and 3) Industrial and Data Centres.
CLAR's multi-asset portfolio is anchored by well-located quality properties across developed markets. As at 31 December 2023, 97 properties are located in Singapore, 37 properties in Australia, 48 properties in the United States and 50 properties in the United Kingdom/Europe.
These properties host a customer base of more than 1,700 international and local companies from a wide range of industries and activities, including data centres, information technology, engineering, logistics & supply chain management, biomedical sciences, financial services (back room office support), electronics, government and other manufacturing and services industries.
CapitaLand Ascendas REIT is listed on several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. CapitaLand Ascendas REIT has an issuer rating of “A3” by Moody’s Investor Services.
CapitaLand Ascendas REIT is managed by CapitaLand Ascendas REIT Management Limited, a wholly owned subsidiary of Singapore-listed CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asian foothold.
To be a leading global real estate investment trust.
To deliver predictable distributions and achieve long-term capital stability for unitholders.
* Project management services relating to development, re-development and asset enhancement initiatives in Singapore are provided by CapitaLand Development Pte. Ltd., a related company of CapitaLand Investment Limited.
(1) Properties located in Singapore are held directly by CapitaLand Ascendas REIT (except Galaxis which is held under a wholly owned subsidiary of CapitaLand Ascendas REIT).
Properties located in Australia are held through wholly owned subsidiaries of CapitaLand Ascendas REIT, and are managed by Ascendas Funds Management (Australia) Pty Ltd together with CapitaLand Australia Pty Ltd and third-party managing agents.
Properties located in the UK/Europe are held through wholly owned subsidiaries of CapitaLand Ascendas REIT and are managed by CapitaLand International Management (UK) Ltd together with third-party managing agents.
Properties located in the US are held through wholly owned subsidiaries of CapitaLand Ascendas REIT and are managed by CapitaLand International (USA) LLC together with third-party managing agents.