Singapore’s Ascendas Reit makes £207m UK logistics debut

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Singapore’s Ascendas Reit has entered the UK logistics market with a £207m purchase of a portfolio of 12 assets from Oxenwood Real Estate and Catalina Holdings.

The assets total 2.61m sq ft and are located in Biggleswade, Rotherham, Runcorn, Stoke-on-Trent, Sheffield, Burton-upon-Trent, Heywood, Scunthorpe, Eastleigh, Newport Pagnell and two sites in South Normanton.

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