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BlackRock acquires 299,900 units in CLAR for $869,710

Ashley Lo
Ashley Lo • 1 min read
BlackRock acquires 299,900 units in CLAR for $869,710
Following the transaction, BlackRock’s stake in CLAR came up to 7%. Photo: CLAR
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BlackRock Inc. has acquired 299,900 units in CapitaLand Ascendas REIT (SGX:A17U) (CLAR) for a purchase consideration of $869,710, or $2.90 apiece. 

Following the transaction, BlackRock’s stake in CLAR came up to 7%. 

CLAR reported a distribution per unit (DPU) of 7.524 cents for 1HFY2024 ended June 30, representing a 2.5% y-o-y decline. 

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