CapitaLand Ascendas REIT (CLAR) is Singapore’s first and largest listed business space and industrial real estate investment trust. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. CLAR has since grown to be a global REIT anchored in Singapore, with a strong focus on technology and logistics properties in developed markets. As of 31 December 2025, its investment properties under management stood at 18.2 billion US dollars. It owns a total of 226 properties across three segments, namely Business Space & Life Sciences; Industrial & Data Centres; and Logistics. These properties are in the developed markets of Singapore, Australia, the US, and the UK/Europe. These properties house a tenant base of 1,731 international and local companies from a wide range of industries and activities, including data centres, information technology, engineering, logistics and supply chain management, biomedical sciences, financial services (backroom office support), electronics, government and other manufacturing and services industries. Major tenants include Sea Group, DSO National Laboratories, Stripe, Entserve UK, Singtel, DHL, Seagate Singapore, DBS Bank and Citibank. CapitalLand Ascendas REIT was established on October 09, 2002 and was incorporated in 2002 in Singapore.
Metrics to compare | CAPD | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipCAPDPeersSector | |
|---|---|---|---|---|
P/E Ratio | 16.5x | 18.7x | 9.1x | |
PEG Ratio | −17.21 | 0.17 | 0.01 | |
Price / Book | 1.2x | 0.9x | 0.9x | |
Price / LTM Sales | 8.1x | 8.3x | 3.9x | |
Upside (Analyst Target) | 24.0% | 12.2% | 16.0% | |
Fair Value Upside | Unlock | −11.7% | 0.6% | Unlock |