A17U.SI - Ascendas Real Estate Investment Trust

SES - SES Delayed Price. Currency in SGD

Ascendas Real Estate Investment Trust

1 Fusionopolis Place
No. 10-10 Galaxis
Singapore 138522
65 6774 1033

SectorReal Estate
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Wee Leong TayCEO & Exec. Non-Independent Director of Ascendas Funds Management (S) Limited (AFM)N/AN/A1970
Ms. Lee Sze KooChief Financial Officer of Ascendas Funds Management (S) LimitedN/AN/A1970
Mr. Lawden TanHead of Investment & Bus. Devel. - Ascendas Funds Management (S) LimitedN/AN/AN/A
Ms. Kit Peng YeowHead of Capital Markets & Investor Relations of Ascendas Funds Management (S) LimitedN/AN/A1965
Mr. Sasidharan NairHead of Property Services - Ascendas Funds Management (S) LimitedN/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SGD.


Ascendas Real Estate Investment Trust (Ascendas Reit) is Singapore's first and largest listed business space and industrial real estate investment trust. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. As at 30 September 2019, investment properties under management stands at S$11.1 billion, comprising 97 properties in Singapore, 35 properties in Australia and 38 properties in the United Kingdom. Ascendas Reit's portfolio includes business and science parks, suburban office properties, high-specifications industrial properties, light industrial properties, logistics and distribution centres, and integrated developments, amenities and retail properties. These properties house a tenant base of around 1,340 international and local companies from a wide range of industries and activities, including research and development, life sciences, information technology, engineering, light manufacturing, logistics service providers, electronics, telecommunications, manufacturing services and back-room office support in service industries. Major tenants include Singtel, DSO National Laboratories, Citibank, DBS, Wesfarmers, Ceva Logistics, JPMorgan and A*STAR Research Entities. Ascendas Reit is listed in several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. Ascendas Reit has an issuer rating of ‘A3' by Moody's Investors Service. Ascendas Reit is managed by Ascendas Funds Management (S) Limited, a wholly owned subsidiary of Singapore-listed CapitaLand Limited, one of Asia's largest diversified real estate groups.

Corporate Governance

Ascendas Real Estate Investment Trust’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.