CapitaLand Ascendas REIT (A17U.SI)

2.7700 -0.0100 (-0.36%) At close: 05:07PM SGT

CapitaLand Ascendas REIT

168 Robinson Road
#30-01 Capital Tower
Singapore 068912
Singapore
65 67742888
https://www.capitaland-ascendasreit.com

Sector(s): Real Estate
Industry: REIT—Industrial
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Wee Leong Tay	CEO & Exec. Non-Independent Director of CapitaLand Ascendas REIT Management Limited - Mang.	N/A	N/A	1971
Ms. Lee Sze Koo	Chief Financial Officer of CapitaLand Ascendas REIT Management Limited - Mang.	N/A	N/A	1970
Mr. Ram Soundararajan	Head of Investment for CapitaLand Ascendas REIT Management Limited - Mang.	N/A	N/A	1977
Ms. Kit Peng Yeow	Head of Capital Markets & Investor Relations of CapitaLand Ascendas REIT Management Ltd - Mang.	N/A	N/A	1965
Ms. Wylyn Liu	Mang. of Corp. & Marketing Communications	N/A	N/A	N/A
Mr. Chat Shen Goh C.F.A., CFA	Head of Portfolio Management for CapitaLand Ascendas REIT Management Limited - Mang.	N/A	N/A	N/A
Ms. Michelle Lee	Managing Director of Europe, Investment & Portfolio Management	N/A	N/A	N/A
Mr. Wei Seng Hon LLB	Company Sec. of CapitaLand Ascendas REIT Management Limited - Mang.	N/A	N/A	N/A
Ms. Chai Ping Koh	Company Sec. of CapitaLand Ascendas REIT Management Limited - Mang.	N/A	N/A	N/A
Mr. Paul Toussaint	Managing Director of Capitaland Australia	N/A	N/A	1964

Amounts are as of 31 December 2019, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SGD.

Description

CapitaLand Ascendas REIT (CLAR), formerly known as Ascendas Real Estate Investment Trust (Ascendas Reit), is Singapore's first and largest listed business space and industrial real estate investment trust. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. CLAR has since grown to be a global REIT anchored in Singapore, with a strong focus on tech and logistics properties in developed markets. As at 30 June 2023, its investment properties under management stood at S$17.0 billion. It owns a total of 230 properties across three segments, namely Business Space and Life Sciences; Logistics; and Industrial and Data Centres. These properties are in the developed markets of Singapore, the United States, Australia, and the United Kingdom/Europe. These properties house a tenant base of more than 1,750 international and local companies from a wide range of industries and activities, including data centres, information technology, engineering, logistics & supply chain management, biomedical sciences, financial services (backroom office support), electronics, government and other manufacturing and services industries. Major tenants include Singtel, SEA Group, DSO National Laboratories, Stripe, DBS, Seagate, Citibank, Pinterest, Equinix, and J.P. Morgan. CLAR is listed in several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. CLAR has an issuer rating of ‘A3' by Moody's Investors Service. CLAR is managed by CapitaLand Ascendas REIT Management Limited, formerly known as Ascendas Funds Management (S) Limited, a wholly owned subsidiary of CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asia foothold.

Corporate governance

CapitaLand Ascendas REIT’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.