CapitaLand Ascendas REIT ( (SG:A17U) ) has shared an update.
CapitaLand has completed the S$883 million redevelopment of 1 Science Park Drive in Singapore, achieving a 95% leasing milestone with significant interest from the life sciences, innovation, and technology sectors. The development, part of the Geneo life sciences and innovation cluster, offers premium business space and amenities, and has attracted multinational and local companies seeking quality space in Southeast Asia’s leading R&D hub.
More about CapitaLand Ascendas REIT
CapitaLand Group is a prominent player in the real estate industry, focusing on developing and managing a diverse portfolio of properties. Their primary services include the creation of business spaces, residential developments, and integrated developments, with a strong market presence in Asia.
YTD Price Performance: 6.90%
Average Trading Volume: 34,571
Technical Sentiment Signal: Sell
Current Market Cap: $8.76B
Learn more about A17U stock on TipRanks’ Stock Analysis page.