Company

Ascendas Real Estate Investment Trust

Headquarters: Singapore, Singapore

CEO: Mr. Wee Leong Tay

SGX: A17U

Market Cap

S$12.96 Billion

SGD as of Jan. 1, 2024

US$9.82 Billion

Market Cap History

Ascendas Real Estate Investment Trust market capitalization over time

Evolution of Ascendas Real Estate Investment Trust market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Ascendas Real Estate Investment Trust

Detailed Description

Ascendas Real Estate Investment Trust (Ascendas Reit) is Singapore's first and largest listed business space and industrial real estate investment trust. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. As at 31 December 2020, Ascendas Reit's investment properties under management stood at S$13.7 billion. The portfolio comprises 200 properties across the developed markets of Singapore, Australia, the United Kingdom and the United States. Ascendas Reit's portfolio includes business and science parks, suburban office properties, high-specifications industrial properties, light industrial properties, logistics and distribution centres, and integrated developments, amenities and retail properties. These properties house a tenant base of more than 1,450 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 office support in service industries. Major tenants include Singtel, Stripe, DSO National Laboratories, Pinterest, DBS, CareFusion, Wesfarmers, Citibank and JPMorgan. Ascendas Reit is listed in 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 Investors Service. Ascendas Reit is managed by Ascendas Funds Management (S) Limited, a wholly owned subsidiary of Singapore-listed CapitaLand Limited, one of Asia's largest diversified real estate groups.

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Stocks & Indices

Ascendas Real Estate Investment Trust has the following listings and related stock indices.


Stock: SGX: A17U wb_incandescent

Stock: OTC: ACDSF wb_incandescent

Details

Headquarters:

No.30-01 Capital Tower

168 Robinson Road

Singapore, 068912

Singapore

Phone: 65 6713 2888