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CapitaLand Ascendas REIT sees SG occupancy sink in Q1

This was partially offset by higher occupancy rates at an industrial and business property.

CapitaLand Ascendas REIT (CLAR) Singapore occupancy sank 91.6% in the first quarter of the year, mainly due to low occupancy in its data centre, Telepark.

This was partially offset by higher occupancy rates at Techpoint, an industrial property, and 3 Changi Business Park Vista, a business space property.

 

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