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CapitaLand Ascendas REIT: To Divest 5 Properties In Singapore For S$329 Million.
18 Aug 2025 09:52CapitaLand Ascendas REIT is pleased to announce the proposed divestments of five industrial and logistics properties in Singapore to unrelated third parties for a total sale consideration of S$329.0 million. The Properties are 31 Ubi Road 1, 9 Changi South Street 3, 10 Toh Guan Road and 19 & 21 Pandan Avenue, as well as 30 Tampines Industrial Avenue 3. The Sale Consideration represents a premium of approximately 6% over the total market valuation of the Properties of S$311.3 million and a 20% premium to their total original purchase price of S$274.2 million...
More information available here.
Source: ShareInvestor Express
