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flag CapitaLand Ascendas REIT to buy three Singapore industrial properties for $438 million, closing in Q1 2026.

flag CapitaLand Ascendas REIT plans to acquire three Singapore industrial properties from Vita Partners for S$565.8 million ($438 million), expected to close in Q1 2026. flag The fully leased assets in technology, logistics, and life sciences sectors have a 5.5-year weighted average lease expiry and are projected to deliver a 6.1% net property income yield post-transaction. flag The deal, part of a S$1.3 billion investment plan, will raise the REIT’s Singapore assets to S$12.3 billion, or 68% of total assets under management, and is expected to boost distribution per unit by about 0.8%.

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