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

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

The REIT saw an SGD15.1 million net inflow of institutional funds during the trading period that began on 11 September.

CapitaLand Ascendas REIT is a Singapore-heavy REIT that has a portfolio of mostly industrial assets.

Related: Mapletree Pan Asia Commercial Trust sees SGD8.2 million rout in 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.