CapitaLand Ascendas REIT Company Description
CapitaLand Ascendas REIT Singapore’s first and largest listed business space and industrial real estate investment trust.
It was listed on the Singapore Exchange Securities Trading Limited in November 2002. CapitaLand Ascendas REIT 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 30 September 2025, its investment properties under management stood at S$17.7 billion. It owns a total of 231 properties across three segments, namely Business Space & Life Sciences, Industrial & Data Centres and Logistics.
These properties are in the developed markets of Singapore, the United States, Australia, and the United Kingdom/Europe.
These properties house a tenant base of approximately 1,790 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 (backroom office support), electronics, government and other manufacturing and services industries.
Major tenants include Sea Group, DSO National Laboratories, Stripe, Entserve UK, Singapore Telecommunications, DBS Bank, Seagate Singapore, DHL and Citibank.
CLAR is listed on several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc, the European Public Real Estate Association/National Association of Real Estate Investment Trusts Global Real Estate Index, the Global Property Research Asia 250 and FTSE4Good Developed Index.
CapitaLand Ascendas REIT has an issuer rating of ‘A3’ by Moody’s Investors Service. CapitaLand Ascendas REIT is managed by CapitaLand Ascendas REIT Management Limited, a wholly owned subsidiary of CapitaLand Investment Limited, a leading global real asset manager with a strong Asia foothold.
| Country | Singapore |
| Founded | 2002 |
| Industry | REIT - Industrial |
| Sector | Real Estate |
| Employees | 67 |
| CEO | Wee Leong Tay |
Contact Details
Address: 168 Robinson Road Singapore, 068912 Singapore | |
| Phone | 65 6774 2888 |
| Website | capitaland-ascendasreit.com |
Stock Details
| Ticker Symbol | ACDSF |
| Exchange | OTCMKTS |
| Fiscal Year | January - December |
| Reporting Currency | SGD |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Wee Leong Tay | Chief Executive Officer and Executive Non-Independent Director of CapitaLand Ascendas REIT Management Limited - Manager |
| Lee Sze Koo A.C.A. | Chief Financial Officer of CapitaLand Ascendas REIT Management Limited - Manager |
| Ram Soundararajan | Head of Investment for CapitaLand Ascendas REIT Management Limited - Manager |
| Chat Shen Goh C.F.A. | Head of Portfolio Management for CapitaLand Ascendas REIT Management Limited - Manager |
| Dacon Pao | Head of Business Development, CapitaLand Ascendas REIT Management Limited - Manager |
| Michelle Lee | Managing Director of Europe, Investment and Portfolio Management |
| Wei Seng Hon L.L.M. | Company Secretary of CapitaLand Ascendas REIT Management Limited - Manager |
| Wei Hsiung Lee | Company Secretary of CapitaLand Ascendas REIT Management Limited - Manager |
| Paul Toussaint | Managing Director of Capitaland Australia |
| Dang T. Phan | Managing Director of CapitaLand USA |