REIT Spree: CapitaLand's Shopping Cart Loaded with $544M Tech Goodies
Key Points
- CapitaLand Ascendas REIT is investing S$700.2 million in key...
Tech is where the money's at, folks! Just ask CapitaLand Ascendas REIT, who's been filling their shopping cart with prime tech real estate faster than crypto bros accumulating GPUs during a mining boom.
Shopping Spree or Strategic Genius?
In their latest power move, CapitaLand Ascendas REIT (CLAR) is dropping a cool S$700.2 million (that's $543.6 million for those counting in freedom units) on two Singapore properties. The shopping list includes Shopee's headquarters and a data centre - because apparently, regular old buildings are too mainstream these days.
Discount Hunter's Paradise
CL...
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