$CapLand Ascendas REIT(A17U.SI)$
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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
