Image for Ascendas REIT

Ascendas REIT

Ascendas REIT is a real estate investment trust that owns and manages a diversified portfolio of income-generating properties, primarily in Singapore and other parts of Asia. These properties include business parks, logistics hubs, and industrial facilities. Investors buy units in the REIT to earn a share of the rental income generated by these properties. It offers a way for individuals to invest in commercial real estate without directly buying properties, providing potential steady income and long-term growth, while benefiting from professional management and diversification across various property types.