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A17U — CapitaLand Ascendas REIT News Story

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Brief: Capitaland Ascendas REIT To Buy Two Properties For S$700.2 Mln

May 28 (Reuters) - CapitaLand Ascendas REIT CAPD.SI:

ANNOUNCES PROPOSED ACQUISITIONS OF 9 TAI SENG DRIVE AND 5 SCIENCE PARK DRIVE

TO BUY TWO PROPERTIES FOR S$700.2 MILLION

PROPERTIES TO INCREASE CLAR'S SINGAPORE PORTFOLIO VALUE BY 6.6% TO S$11.7 BLN

DEEPENS PRESENCE IN SINGAPORE WITH ACCRETIVE ACQUISITIONS OF TWO PRIME PROPERTIES FOR S$700 MILLION

Further company coverage: CAPD.SI

 ((Reuters.Briefs@thomsonreuters.com;))

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