SGX:A17UIndustrial REITs
Should CapitaLand Ascendas REIT’s New US and Spanish Logistics Buys Require Action From (SGX:A17U) Investors?
CapitaLand Ascendas REIT recently reported past half-year results to 30 June 2026, with revenue of S$805.5 million, net income of S$280.35 million, a distribution of 3.732 cents per unit for the April–June period, and a series of new subsidiaries tied to logistics acquisitions in the US, Spain, Japan and Singapore.
The S$185.4 million Spanish logistics portfolio acquisition, alongside the new US DHL Canal Winchester asset, underlines CLAR’s push to deepen its global logistics footprint and...