CapitaLand Ascendas REIT completes Japan data centre acquisition
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CapitaLand Ascendas REIT (CLAR) has completed the acquisition of a 49% interest in a data centre in Greater Osaka, Japan, using $188.3 million from its equity fundraising proceeds. The REIT raised approximately $903.5 million in total, with $567.9 million already utilized for various acquisitions, while $335.6 million remains available. Future announcements will be made regarding the disbursement of the remaining funds, which include allocations for logistics and industrial assets in Singapore and other locations.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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