CapitaLand Ascendas REIT (SGX: A17U)
Singapore flag Singapore · Delayed Price · Currency is SGD
2.780
-0.040 (-1.42%)
Sep 4, 2024, 9:02 AM SGT

CapitaLand Ascendas REIT Company Description

CapitaLand Ascendas REIT (CLAR) is Singapore’s first and largest listed business space and industrial real estate investment trust.

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, its investment properties under management stood at S$16.9 billion. It owns a total of 232 properties across three segments, namely Business Space and Life Sciences; Logistics; and Industrial and Data Centres.

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 Singtel, DSO National Laboratories, SEA Group, Stripe, Entserve UK, DBS, Seagate, Citibank, Pinterest, and Equinix.

CLAR is listed in 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.

CLAR has an issuer rating of ‘A3’ by Moody’s Investors Service. CLAR is managed by CapitaLand Ascendas REIT Management Limited, a wholly owned subsidiary of CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asia foothold.

CapitaLand Ascendas REIT
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 A17U
Exchange Singapore Exchange
Fiscal Year January - December
Reporting Currency SGD
ISIN Number SG1M77906915
SIC Code 6798