CapitaLand Ascendas REIT Completes S$883 Million Redevelopment of Science Park Asset

Reitsweek

2025/04/01

CapitaLand Ascendas REIT( CapLand Ascendas REIT )has further bolstered its life sciences and technology portfolio with the completion of a SGD883 million redevelopment of 1 Science Park Drive in Singapore.

Additionally, the REIT announced that it has achieved a 95% leasing milestone for the asset.

CapitaLand Ascendas REIT is a Singapore-heavy REIT that owns a portfolio of mostly industrial properties, data centres and office buildings.

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