CapitaLand Ascendas Sells Five Singaporean Assets for S$329 Million
CapitaLand Ascendas is selling 5 industrial and logistics properties in Singapore for a total of S$329 Million:
For the purpose of calculating the pro forma impact on CLAR’s aggregate leverage, if the net proceeds were used to repay CLAR’s borrowings as at 31 December 2024, its aggregate leverage would have reduced from 37.7% to approximately 36.6%.