- CapitaLand Ascendas REIT launched an equity fund raising to raise at least SGD 900 million, including a private placement.
- The private placement will offer 244,898,000 to 249,377,000 new units at an issue price range of SGD 2.41 to SGD 2.45 per unit.
- The private placement price range represents a discount of about 2.5% to 4.2% to a VWAP of SGD 2.51 per unit.
- Gross proceeds are intended to partially finance acquisitions, including SGD 214.8 million for a Singapore logistics estate and SGD 188.3 million for a Japan data center stake.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CapitaLand Ascendas REIT published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: WO3PHXWU0TP4O0G2) on March 24, 2026, and is solely responsible for the information contained therein.