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CapitaLand Ascendas REIT (A17U.SI)
- Reuters SG
CapitaLand, Thai developer launch up to $730 mln healthcare-related fund
Singapore-based real estate firm CapitaLand Investment and Thai property developer Pruksa Holding said they have set up an up to S$1 billion ($730.4 million) wellness and healthcare-related real estate fund targeting Southeast Asia. The companies have together committed an initial equity investment of S$350 million to the fund, called CapitaLand Wellness Fund, according to a joint statement on Tuesday. The fund's target equity size was S$500 million, with an option to upsize to S$1 billion in equity and target asset value of S$2.9 billion when fully deployed, it said.
- EdgeProp
CapitaLand Ascendas REIT to acquire Seagate's The Shugart in one-north for $218.2 mil
The Shugart in Singapore's one-north area. Photo: CLARSINGAPORE (EDGEPROP) - CapitaLand Ascendas REIT (CLAR) will be acquiring Seagate Singapore’s integrated high-specification research and development (R&D) facility, The Shugart, for $218.24 million. Including acquisition fees and other related fees, CLAR is expected to fork out a total of $232.4 million.The acquisition of the property, which is located at 26 Ayer Rajah Crescent in one-north, will deepen CLAR’s footprint in the area. CLAR curre
- EdgeProp
CapitaLand Ascendas REIT divests local industrial building at 219% premium from 2005 purchase price
CapitaLand Ascendas REIT is divesting KA Place, a seven-storey high-specifications industrial building located at 159 Kampong Ampat for $35.38 million at a 55% premium to valuation (Photo: CapitaLand Ascendas REIT)SINGAPORE (EDGEPROP) - The manager of CapitaLand Ascendas REIT (CLAR) has announced the divestment of Singapore industrial building KA Place for a consideration of $35.38 million.According to an April 20 filing, the REIT’s trustee, HSBC Institutional Trust Services (Singapore), has ent
