The CapitaLand Ascendas REIT preferential offering will offer entitled unitholders the right to buy 28 new units at S$2.35 each for every 1,000 units held. What happened? CapitaLand Ascendas REIT (CLAR) has been on an acquisition spree recently. On 24 March 2026, CapitaLand Ascendas REIT announced three acquisitions valued at around S$1.41 billion. To fund its latest acquisitions, as well as partially finance earlier acquisitions in Singapore, the United States and Spain, two potential acquisitions in Singapore, and related transaction expenses, , CapitaLand Ascendas REIT launched an equity fund raising of at least S$900 million through a private placement and preferential offering. Earlier, CapitaLand Ascendas REIT entered Spain with S$185.4 million logistics portfolio acquisition, added a US logistics property for S$94.5 million in January and acquired 2 Singapore assets for around S$700 million in June last year. This follows a trend of Singapore REITs being active in acquisitions in fundraising, after we saw the preferential offering by Lendlease REIT last month....