CapitaLand Ascendas REIT's 1 Science Park Drive. (Photo: CapitaLand Ascendas REIT)

CapitaLand Ascendas REIT (CapitaLand Ascendas REIT) has further bolstered its life sciences and technology portfolio with the completion of a SGD883 million redevelopment of 1 Science Park Drive in Singapore.

Additionally, the REIT announced that it has achieved a 95% leasing milestone for the asset.

CapitaLand Ascendas REIT is a Singapore-heavy REIT that owns a portfolio of mostly industrial properties, data centres and office buildings.

Related: CapitaLand Ascendas REIT sees SGD42.7 million inflow of institutional funds

Dear members, please login to continue reading this article.


Login or sign-up for a free 25-day trial here. Why subscribe?

By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.