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Capitaland Ascendas Reit Sell Five Industrial And Logistics Properties 329 Mil

August 18, 2025 in Misc /by miltoniacloseec

CapitaLand Ascendas REIT (CLAR) has announced its plan to sell five of its industrial and logistics properties for a total sum of $329 million. This represents a premium of 6% over their total market value and is expected to generate net proceeds of approximately $313.1 million. The transaction was facilitated by CBRE. In addition to […]