Shares of CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $1.72, but opened at $1.6350. CapitaLand Ascendas REIT shares last traded at $1.6350, with a volume of 8,574 shares.
CapitaLand Ascendas REIT Trading Down 3.8%
The stock’s fifty day moving average price is $1.79 and its 200-day moving average price is $1.89.
CapitaLand Ascendas REIT Company Profile
CapitaLand Ascendas REIT is a Singapore-listed real estate investment trust focused on business space and industrial properties. Formerly known as Ascendas REIT, it was established in 2002 and is sponsored by CapitaLand Investment. The REIT is managed by CapitaLand Ascendas REIT Management Limited.
Its portfolio includes business and science parks, suburban offices, industrial facilities, logistics properties, integrated developments, and data centers. These properties serve companies across sectors such as technology, research and development, manufacturing, logistics, and corporate services.
CapitaLand Ascendas REIT owns properties in Singapore and international markets, including Australia, the United Kingdom, Europe, and the United States.
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