Shares of CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report) hit a new 52-week low on Monday. The company traded as low as $1.65 and last traded at $1.65, with a volume of 703,100 shares changing hands. The stock had previously closed at $1.7380.
CapitaLand Ascendas REIT Stock Down 5.8%
The company has a 50 day moving average price of $1.80 and a 200-day moving average price of $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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