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CapitaLand Ascendas REIT: CapitaLand Officially Opens S$1.4 Billion Geneo, Marking A Key Milestone In Singapore Science Park Rejuvenation.

22 May 2026 11:50

CapitaLand Group officially opened Geneo, a life sciences and innovation hub at Singapore Science Park. The opening marks a key milestone in CapitaLand's multiphase rejuvenation of Singapore's first research and development and technology park. Geneo is jointly owned by CapitaLand Development and CapitaLand Ascendas REIT. Totalling about S$1.4 billion in investments, Geneo spans three properties, 1 Science Park Drive, 5 Science Park Drive and 7 Science Park Drive, with a total gross floor area of approximately 180,600 square metres. This includes approximately 80,000 sqm of purpose-built infrastructure for biomedical R&D, flexible laboratories and innovation-ready Grade A business park workspaces...

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Source: ShareInvestor Express