The Manager

CapitaLand Ascendas REIT (formerly known as Ascendas Real Estate Investment Trust) is managed by CapitaLand Ascendas REIT Management Limited (formerly known as Ascendas Funds Management (S) Limited) (The "Manager"), a wholly-owned subsidiary of CapitaLand Investment Limited.

The Manager is fully committed towards CapitaLand Ascendas REIT’s mission of delivering predictable distributions and long-term capital stability to Unitholders.

This is achieved through a three-pronged strategy of :


  1) Proactive portfolio management

  • Proactive marketing and leasing of spaces to achieve a healthy occupancy rate
  • Providing high standards of property and customer services
  • Enhancing operational efficiency and optimisation of operating costs
  • Carrying out asset enhancement initiatives

  2) Disciplined value-adding investments

  • Acquiring income-producing properties leased to established customers
  • Acquiring high-quality properties with strong income stream and/or asset enhancement potential
  • Developing built-to-suit projects to cater to prospective customers’ operational requirements and specifications
  • Selective development/redevelopment to capitalise on the Manager’s development capabilities
  • Sourcing of overseas investment opportunities to strengthen portfolio diversification and resilience

  3) Prudent capital and risk management

  • Regular reviews of CapitaLand Ascendas REIT's debt and capital management, and financial policy
  • Diversifying sources of funding, managing interest rate risk, liquidity risk, credit risk and foreign currency risk
  • Monitoring CapitaLand Ascendas REIT’s exposure to various risk elements and externally imposed requirements in the markets it operates in by closely adhering to clearly established management policies and procedures
  • Risk management policies and systems are reviewed regularly to reflect changes in market conditions and CapitaLand Ascendas REIT’s strategic direction
  • Creating an acceptable balance between the benefits derived from managing risks and the cost of managing those risks