CapitaLand Ascendas Reit to Invest $350.1 Million in First UK Logistics Developments

CapitaLand Ascendas Reit to invest $350.1 million in first UK logistics developments

It plans to acquire two plots of freehold land in a UK logistics heartland for four new logistics properties. Read more at straitstimes.com.

CapitaLand Ascendas REIT Buys UK Warehouse Sites From DHL- Mingtiandi

With demand on the rise for large-scale logistics properties in the UK, CapitaLand Ascendas REIT (CLAR) announced on Monday that it has agreed to purchase development sites in the country’s Midlands area for GBP 203.5 million ($274 million). The proposed... Read More>> The post CapitaLand Ascendas REIT Acquires UK Warehouse Development Sites From DHL for $274M appeared first on Mingtiandi.

CLAR expands logistics portfolio in UK for $350.1 mil

Capitaland Ascendas REIT (CLAR) will be expanding its logistics assets in the UK for $350.1 million. The REIT, on Aug 11, announced the proposed acquisitions of two plots of freehold land in the East Midlands, a key logistics market in the UK. The REIT intends to develop a total of four logistics properties on the plots known as Manton Wood and Towcester. At Manton Wood, CLAR will develop a single-storey logistics property with a gross floor are…

CapitaLand Ascendas Reit proposes first UK logistics developments for about S$350.1 million

CapitaLand Ascendas Reit (Clar) is proposing to launch its first logistics developments in the UK at an estimated total investment cost of S$350.1 million.