As of december 2020, there are
96 properties in Singapore36 properties in Australia38 properties in the United Kingdom30 properties in the United States Ascendas expanding closer to Tech industry Data Centres (DCs) in Europe Ascendas REIT recently announced the completion of acquiring 11 European data centres (DCs) for $904.6M This transaction increases DCs exposure to 10% of it's portfolio value. The portfolio has a total net lettable area of 61,637sqm and has an occupancy rate of 97.9%. In addition, it has a Weighted Average Lease Expiry (WALE) of 4.6 years. The properties are tenanted by 14 customers in the Financial services, Telecom, IT, Retail and Education sectors. The DCs are situated in 3 of the 4 FLAP markets...Introduction Ascendas Reit is Singapore’s first and largest listed business space and industrial Real Estate Investment Trust. It's portfolio is well-diversified across five major segments of the business space and industrial property market.
