CapitaLand Ascendas REIT is an industrial real estate investment trust. The Trust invests in business and science park properties, integrated development, amenities, and retail (IDAR) properties, high-specifications industrial properties and data centers, light industrial and flatted factories, and logistics and distribution centers.
Singapore’s industrial space market outlook looks dismal with an expected 40.9 million sq ft of available space coming on stream, far exceeding the...