CapitaLand Ascendas REIT acquires six Spanish logistics assets for S$185.4m

CapitaLand Ascendas REIT (CLAR) is expanding its European logistics footprint with its first acquisition in Spain. For S$185.4 million, CLAR has secured six fully occupied Grade A logistics assets in Madrid and Barcelona – Spain’s two largest logistics markets. The portfolio adds nearly 100,000 sqm of modern space and extends…