CapitaLand Ascendas REIT asset, 5 Tuas Ave 5. (Photo: CapitaLand Ascendas REIT)

CapitaLand Ascendas REIT (CLAR) was the top Singapore Exchange (SGX)-listed stock disposed of by institutional investors last week.

The REIT owns a diversified portfolio of more than 200 assets serving a broad base of tenants across a range of industries.

In Singapore, the REIT’s holdings include business parks, high-specification industrial buildings, data centres and logistics facilities,

The selling by institutions during the trading week that began on 28 September was relatively heavy.

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By Shariffa Al-Habshee

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