CapitaLand Ascendas REIT Completes Acquisition of Business Space

MT Newswires
Aug 07

CapitaLand Ascendas REIT (SGX:A17U) completed the acquisition of business space 5 Science Park Drive, according to a Wednesday filing with the Singapore Exchange.

Shares of the REIT were up under 1% in Thursday's trade.

The REIT used about SG$137.1 million of the total SG$500 million raised from a private placement to partially finance the acquisition.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10