Download Full Report - Ascendas REIT
Download Full Report - Ascendas REIT
Download Full Report - Ascendas REIT
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About A-<strong>REIT</strong><br />
<strong>Ascendas</strong> Real Estate Investment<br />
Trust (“A-<strong>REIT</strong>”) is the first and largest<br />
business space and industrial Real<br />
Estate Investment Trust (“<strong>REIT</strong>”) listed<br />
on Singapore Exchange Securities<br />
Trading Limited (“SGX-ST”)<br />
A-<strong>REIT</strong> owns a diversified<br />
portfolio of properties in<br />
Singapore comprising:<br />
LIGHT INDUSTRIAL/<br />
FLATTED FACTORIES<br />
Low office content combined<br />
with manufacturing space.<br />
BUSINESS &<br />
SCIENCE PARKS<br />
Suburban office,<br />
corporate HQ buildings<br />
and R&D space.<br />
LOGISTICS &<br />
DISTRIBUTION<br />
CENTRES<br />
Warehousing and<br />
distribution centres.<br />
Hi-Tech Industrial<br />
Properties<br />
High office content<br />
combined with high<br />
specifications mixed-use<br />
industrial space.<br />
WAREHOUSE<br />
RETAIL FACILITIES<br />
Single-user retail and<br />
warehouse space.<br />
These properties house a tenant<br />
base of about 930 international<br />
and local companies from a<br />
range of industries, including<br />
research and development, life<br />
sciences, information technology,<br />
engineering, light manufacturing,<br />
logistics service providers,<br />
electronics, telecommunications,<br />
manufacturing services and backroom<br />
office support.<br />
<strong>Ascendas</strong> Funds Management (S)<br />
Limited (“AFM”) is the manager of<br />
A-<strong>REIT</strong> (the “Manager”).<br />
The Manager is committed to<br />
delivering long-term sustainable<br />
distributions and capital stability<br />
to unitholders through a threepronged<br />
strategy of:<br />
• Yield accretive investments<br />
comprising development as<br />
well as acquisition of incomeproducing<br />
properties with<br />
strong underlying real estate<br />
fundamentals<br />
• Organic portfolio growth<br />
through proactive asset<br />
management<br />
• Prudent capital & risk<br />
management<br />
8th Annual <strong>Report</strong> FY09/10<br />
03