1 Buroh Lane. (Ascendas REIT)1 Buroh Lane. (Ascendas REIT)

CapitaLand Ascendas REIT was the top Singapore Exchange (SGX)-listed REIT acquired by institutional investors last week, in terms of net fund inflows.

During the trading period that began on 21 August, the REIT saw an SGD11.5 million inflow of institutional funds.

CapitaLand Ascendas REIT is a Singapore-heavy industrial spaces landlord that also has office and data centre assets in its portfolio.

Related: Frasers Logistics & Commercial Trust sees SGD17 million outflow of institutional funds

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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.