CapitaLand Ascendas REIT (SGX: A17U) Unlocks Value Through S$381.5 Million Divestment Programme
Singapore’s largest industrial REIT, CapitaLand Ascendas REIT (SGX: A17U) or CLAR, is strengthening its portfolio by selling older properties and reinvesting into newer, higher-yielding assets. The REIT has lined up S$381.5 million in divestments across Singapore and the UK, with most sales done at healthy premiums. The sale of 30 Tampines Industrial Avenue 3 was completed for S$23.0 million, a 5 % premium to valuation. Four more Singapore properties — 31 Ubi Road 1, 9 Changi South Street 3, 10 Toh Guan Road, and 19 and 21 Pandan Avenue — are expected to complete in the fourth quarter of 2025. Together, they are expected to fetch S$306.0 million at a 6% premium-to-valuation and 21% above what CLAR originally paid for them. In the UK, the divestment of Astmoor Road in North West England will...As we head into the final month of 2025, three Singapore’s blue-chip stocks stand out for making meaningful moves that could shape their long-term growth. Let’s take a closer look.
