Singapore
CapitaLand Ascendas REIT (CLAR)
CapitaLand Ascendas REIT (CLAR) is Singapore’s first and largest listed business space and industrial real estate investment trust.
Overview
Listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002, CLAR has grown into a global REIT with a strong focus on tech and logistics properties in developed markets.
Portfolio Highlights
- Total Assets: S$16.8 billion (as of 31 December 2024)
- Property Count: 229 properties across three segments:
- Business Space & Life Sciences
- Industrial & Data Centres
- Logistics
- Geographic Presence: Singapore, Australia, USA, and UK/Europe
Tenant Base
CLAR serves approximately 1,790 international and local companies across diverse industries, including:
- Data Centres
- Information Technology
- Engineering
- Logistics & Supply Chain Management
- Biomedical Sciences
- Financial Services
Major Tenants
- Singtel
- DSO National Laboratories
- SEA Group
- Stripe
- Entserve UK
- DBS Bank
- Seagate Singapore
- Citibank
- JPMorgan Chase Bank
Market Recognition
- Indices: FTSE Straits Times Index, MSCI Index, EPRA/NAREIT Global Real Estate Index, GPR Asia 250 Index, FTSE4Good Developed Index
- Credit Rating: 'A3' by Moody’s Investors Service
Management
CLAR is managed by CapitaLand Ascendas REIT Management Limited, a wholly owned subsidiary of CapitaLand Investment Limited, a leading global real asset manager with a strong Asia foothold.
