Milestones


DATE MILESTONES
Sep 2021 Ascendas Reit acquires 11 last-mile logistics properties in Kansas City, United States, for S$207.8 million
Mar 2021 Ascendas Reit makes debut investment in European data centres for S$904.6 Million
Sep 2020 Ascendas Reit issues first real sstate perpetual securities in Asia
Aug 2020 Ascendas Reit prices maiden green bond
Jan 2020 LogisTech is the first industrial building in Singapore to be awarded the BCA Green Mark Platinum Super Low Energy rating
Dec 2019 Ascendas Reit completes the acquisitions of 30 Business Park properties in the United States and Singapore for S$1.66 billion
Jul 2019 Completion of transaction involving Ascendas Reit's sponsor, Ascendas-Singbridge Group and CapitaLand Limited
Aug 2018 Ascendas Reit completes its first acquisition in the United Kingdom comprising a portfolio of 12 logistics properties
Oct 2016 Ascendas Reit won the "Most Transparent Company Award" in the REITs and Business Trusts category at the Securities and Investors Association (S) Investors' Choice Award 2016
Jul 2016 Ascendas Reit won the Silver Award for "Best Investor Relations" in the REITs and Business Trusts category at the Singapore Corporate Award 2016
Nov 2015 Ascendas Reit completes maiden acquisition of a logistics portfolio of 26 properties in Australia for A$1,013.0 million
Oct 2015 Ascendas Reit won the "Most Transparent Company Award" in the REITs and Business Trusts category at the Securities and Investors Association (S) Investors' Choice Award 2015
Jul 2015 Ascendas Reit won the Gold Award for "Best Annual Report" in the REITs and Business Trusts category at the Singapore Corporate Award 2015
Jun 2015 Completion of merger involving Ascendas Reit's sponsor, Ascendas Pte Ltd, and Singbridge Pte Ltd to form the Ascendas-Singbridge Group
Jun 2014 Ascendas Reit joins the FTSE Straits Times Index as one of its 30 constituent stocks
Feb 2013 Ascendas Reit won accolades at AsiaMoney Corporate Governance Poll 2012 garnering five awards:
– Overall Best Company in Singapore for Corporate Governance
– Best for Responsibilities of Management and the Board of Directors in Singapore
– Best for Disclosure & Transparency in Singapore
– Best for Investor Relations in Singapore
– Best for Shareholders' Rights and Equitable Treatment in Singapore
May 2012 Ascendas Reit is the runner-up for the FIABCI PRIX D'Excellence Awards 2012 for the development of 1, 3 & 5 Changi Business Park Crescent awarded by International Real Estate Federation.
Feb 2011 Ascendas Reit makes its first investment in China through the forward acquisition of a S$118 million business park property under development in Jinqiao, Shanghai.
Mar 2010 Ascendas Reit successfully issues exchangeable collateralised securities. It is a first for an equity-linked instrument to incorporate elements of CMBS and convertible bonds.
Apr 2009 Ascendas Reit is awarded its first Singapore Building and Construction Authority ("BCA") Green Mark Award (Platinum) for its development project at 3 Changi Business Park Crescent.
Mar 2008 Ascendas acquires Goodman Group's stake in Ascendas Reit and its 40 per cent equity stake in Ascendas Reit's Manager, Ascendas-MGM Funds Management Limited ("AMFML"). AMFML was consequently renamed Ascendas Fund Management (S) Limited ("AFM").
Jun 2007 Ascendas Reit holds its first AGM to better engage unitholders. This initiative came before MAS' new ruling in 2009 that required all REITs to hold AGMs once every calendar year.
Jan 2006 Ascendas Reit embarks on its first property development projects with Cold Storage Singapore and Courts, worth a total of S$128 million. It is the first S-REIT to undertake development projects on its own balance sheet.
Dec 2005 Ascendas Reit is assigned a corporate family credit rating of A3 by Moody's Investors Service.
Jun 2004 Ascendas Reit issues its first commercial mortgage-backed securities ("CMBS") with AAA rating, for an equivalent of S$300 million in Euros.
Jun 2003 Ascendas Reit completes its first sale-and-leaseback transaction with OSIM for S$35 million.
Nov 2002 Ascendas Reit, Singapore's first business space and industrial REIT, is listed on SGX-ST with a portfolio of eight properties worth about $$636 million at an IPO price of S$0.88 per unit.
Jan 2001 Ascendas Pte Ltd is formed through the merger of JTC International's Business Parks and Facilities Group and Arcasia Land.