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CapitaLand Ascendas REIT: To Acquire A Class A Logistics Property, Through A Sale And Leaseback From DHL, For S$94.5 Million.

16 Jan 2026 10:19

CapitaLand Ascendas REIT is pleased to announce the acquisition of DHL Canal Winchester, a modern Class A logistics property in Columbus, Ohio, the United States, for S$94.5 million (US$73.8 million). Upon completion of the acquisition, Exel Inc. d/b/a DHL Supply Chain (USA), a global leader in the logistics industry, will enter into a long-term leaseback of the property...

More information available here.

Source: ShareInvestor Express