CapitaLand Ascendas REIT Completes Divestment of Australian Logistics Property

MT Newswires12-10

CapitaLand Ascendas REIT (SGX:A17U) completed the divestment of a logistics property at 95 Gilmore Road, Queensland, Australia, according to a Wednesday filing with the Singapore Exchange.

The REIT had earlier agreed to dispose of the property for SG$90 million.

Following the disposal, the REIT now owns 228 properties across Singapore, Australia, the US and the UK and Europe.

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