CapitaLand Ascendas REIT to divest three Australian logistics properties and Holland Drive Residences for $64.2 mil
On Dec 20, CapitaLand Ascendas REIT (CLAR) announced the proposed divestment of 62 Sandstone Place, 58 Technology Drive and 110 Holland Drive Residences logistics properties located in Queensland, Australia, for a total sale consideration of A$73.0 million. The sale represents a premium of 6.2% over the total market valuation of the properties of $60.4 million […]