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CapitaLand Ascendas REIT completes SGD 638.1 million purchase of two Singapore logistics properties

PUBT·10/29/2026 09:26:02
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CapitaLand Ascendas REIT completes SGD 638.1 million purchase of two Singapore logistics properties
  • CapitaLand Ascendas REIT completed acquisitions of two fully occupied Singapore logistics properties for S$ 638.1 million in August 2026.
  • 5 Tuas Avenue 5 cost S$ 133.9 million, with completion on Aug. 17 and an expected initial NPI yield of 6.6%.
  • 25 Loyang Crescent cost S$ 504.2 million, with completion on Aug. 27 and an expected initial NPI yield of 6.9%.
  • Three Singapore property divestments totaling S$ 281.7 million are scheduled for fourth-quarter completion, at approximately 25% above valuation.
  • New divestments include 17 Changi Business Park Central 1 for S$ 60 million and 9 Serangoon North Avenue 5 for S$ 21.3 million.


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: 13B7SYCUGQVH57T9) on October 29, 2026, and is solely responsible for the information contained therein.