"Overall we like this acquisition and see several positives from this move," state Bank of America analysts Donald Chua and Kylie Wan.
Analysts have stayed positive on CapitaLand Ascendas REIT after its $1.4 billion plan to acquire three assets, including a data centre in Japan, that is seen to be accretive to its distribution per unit.
To help fund the acquisition, CLAR will be raising some $900 million from other investors and existing shareholders.
