Ascendas REIT's property in Changi Business Park, One@Changi City. (Photo: REITsWeek)

Data from Ascendas REIT’s latest business update are reflected in the Singapore REITs table.

Ascendas REIT has secured overall higher rental rates for the leases it secured in 3Q 2021, but warned that leasing demand, especially in Singapore, will be muted in the months ahead.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.