$CapLand Ascendas REIT(A17U.SI)$
Clar is proposing to acquire logistics property DHL Indianapolis Logistics Center in Whiteland, Indianapolis, Indiana, for S$150.3 million from DHL USA.
The completion of the deal is slated for the first quarter of 2025.
Following this, DHL USA will enter a long-term leaseback of about 11 years till December 2035 of the property’s entire gross floor area (GFA) of about 979,649 square feet (sq ft
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