CapitaLand Ascendas REIT divests local industrial building at 219% premium from 2005 purchase price
The manager of CapitaLand Ascendas REIT (CLAR) has announced the divestment of Singapore industrial building KA Place for a consideration of $35.38 million. The trustee for the REIT, HSBC Institutional Trust Services (Singapore) has entered into a sale and purchase agreement to sell KA Place to KA Place SPV 1. This consideration sum represents a […]