Ascendas Reit

Ascendas Reit

Community score

-0.61 -55
Industry: Real Estate
Listing country: Singapore
Year added: 2018

Ascendas Real Estate Investment Trust (Ascendas Reit) was incorporated in 2002 with its headquarters situated in Singapore. A constituent of the illustrious CapitaLand group, one of Asia’s premier diversified real estate groups, Ascendas Reit specializes in the ownership and management of a diversified portfolio that includes Industrial & Data Centres, such as warehouses, distribution centers, data centers, and business parks, as well as Commercial & Retail Spaces, comprising office spaces and retail units. The trust has a strong international presence, with its primary market in Singapore, where it boasts a wide array of properties. Beyond its core region, Ascendas Reit holds significant assets in Australia, consisting of logistics and suburban office properties. In the United States, the trust's expansion efforts are marked by investments in data centers and office properties, while in the United Kingdom, their portfolio spans logistics and industrial spaces. Furthermore, Ascendas Reit extends its reach into Europe with a presence in countries like Poland, achieved through joint ventures or partnerships. Operating as a trust entity, Ascendas Reit is not known for having subsidiary brands; instead, it directly owns and manages its various property segments. (Powered by AI)

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