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CapitaLand courts growth with fresh Ascendas-Singbridge assets

The move widens CapitaLand's portfolio in geography and asset classes, and gives it a foot in the door in new sectors

Post-deal, CapitaLand will have tucked under its belt eight Reits, including three of the largest S-Reits - Ascendas Reit and two already in its stable, CapitaLand Mall Trust and CapitaLand Commercial Trust - and 23 private funds.


CAPITALAND is banking on Ascendas-Singbridge's (ASB) logistics and business parks and its data centres - fresh additions that will aid in the group's pivot to these new growth sectors - to further drive growth.

The group's president and group chief executive Lee Chee Koon...

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