Brief: Capitaland Ascendas REIT To Buy 5 Tuas Avenue 5 For S$133.9 Million
04/06/2026 02:09
BRIEF-Capitaland Ascendas REIT To Buy 5 Tuas Avenue 5 For S$133.9 Million June 4 (Reuters) - CapitaLand Ascendas REIT CAPD.SI:
TO BUY 5 TUAS AVENUE 5 FOR S$133.9 MILLION
ACQUISITION EXPECTED TO COMPLETE BY SECOND HALF OF 2026
ACQUISITION EXPECTED TO BE DPU-ACCRETIVE WITH 0.2% PRO FORMA DPU ACCRETION
ACQUISITION TO BE FINANCED THROUGH APRIL 2026 EQUITY FUND RAISING AND DEBT
Further company coverage: CAPD.SI
((Reuters.Briefs@thomsonreuters.com;))
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