CapitaLand Ascendas REIT (A17U) said on Mar, 24 2026 that it will purchase three income-producing assets for a combined 1.41 billion Singapore dollars.

The trust will acquire:

• a 100 per cent interest in 25 Loyang Crescent, a ramp-up logistics and industrial facility, for 504.2 million Singapore dollars;

• a 50 per cent interest in Ascent, a business space property at 2 Science Park Drive, for 245.0 million Singapore dollars (the remaining 50 per cent will be bought by a global sovereign wealth fund); and

• a 49 per cent stake in a 40.5 MW Tier III hyperscale data centre in Greater Osaka for 620.7 million Singapore dollars, marking the REIT’s entry into Japan.

The total acquisition outlay of 1.4103 billion Singapore dollars includes purchase consideration of 1.3085 billion Singapore dollars, an acquisition fee of 101.8 million Singapore dollars and other related expenses.

CLAR plans to fund part of the investment through an equity fundraising that is expected to raise no less than 900 million Singapore dollars.

The buy of Ascent was completed on Mar, 23 2026, while the Loyang Crescent and Osaka data centre transactions are scheduled to close in the second and third quarter of 2026 respectively.

Assuming all three assets had been acquired on Jan, 1 2025, distribution per unit would have risen by about 0.318 Singapore cents, or 2.1 per cent, on a pro forma basis. Post-deal aggregate leverage is projected to edge up to 39.7 per cent from 39.0 per cent as at Dec, 31 2025.

Upon completion, 66 per cent of the REIT’s 19.9 billion Singapore dollar portfolio will remain in Singapore, with Singapore assets under management increasing to roughly 13.2 billion Singapore dollars.