In the United States, CapitaLand Ascendas REIT owns Business Space as well as Logistics properties.
The Business Space properties are located within corporate campus environments in Raleigh, San Diego and Portland as well as in the leading submarket of South of Market (SoMa) in San Francisco. Each of these cities feature innovation ecosystems comprised of leading academic and research institutions, clusters of innovative companies in similar or complementary sectors, skilled professionals, supportive infrastructure and a high quality of life.
The Business Space properties house many established, growth and start-up companies in the fields of technology, biomedical sciences, media and financial services.
The Logistics properties are located in infill locations across the established submarkets in Kansas City and Chicago. The properties are highly-functional facilities with good access to major ground, rail and air transportation networks.