About Ascendas Reit
To deliver predictable distributions and achieve long-term capital stability for unitholders.
About Ascendas Reit
Ascendas Reit is Singapore’s first and largest listed business space and industrial real estate investment trust. As one of Singapore’s REIT pioneers, Ascendas Reit has played a crucial role in the development of the Singapore REIT sector, providing an attractive platform for investment in business park and industrial properties in Singapore.
Ascendas Reit has a well-diversified portfolio of 101 properties in Singapore and 31 properties in Australia as at 31 December 2017. These properties host a customer base of around 1,350 international and local companies from a wide range of industries and activities, including research and development, life sciences, information technology, engineering, light manufacturing, logistics service providers, electronics, telecommunications, manufacturing services and back-room support office in service industries, etc.
In Singapore, the well-diversified portfolio comprises Business & Science Park Properties, Integrated Development, Amenities & Retail ("IDAR") Properties, High-Specifications Industrial Properties, Light Industrial Properties, and Logistics & Distribution Centres.
Ascendas Reit's Logistics and Suburban Office properties in Australia are located in the key cities of Sydney, Melbourne, Brisbane and Perth. The customer base comprises 3PLs, local retailers (supermarket, department store), local pharmaceutical and healthcare product distributors.
Ascendas Reit is listed on several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. Ascendas Reit has an issuer rating of “A3” by Moody’s Investor Services.
Ascendas Funds Management (S) Limited (AFM), the manager of Ascendas Reit (the Manager), is a wholly owned subsidiary of the Ascendas-Singbridge Group.