Should CapitaLand Ascendas Reit rejig its portfolio further in favour of data centres and life sciences assets?
With the Reit in a prime position to capitalise on its advantage in such assets, this is the right time to seize the opportunities
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[SINGAPORE] CapitaLand Ascendas Reit’s (Clar) portfolio has seen a fair amount of activity in the past few months.
It has divested some of its legacy logistics assets while growing its exposure to data centres and life sciences.
For example, in August, the real estate investment trust sold five industrial and logistics properties to an EZA Hill-led consortium for S$329 million.
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