CLAR Announces Three Cross-Market Asset Acquisitions,Expected to Lift DPU by Approximately 2.1%

NewTimeSpace News:In an announcement released on March 24, 2026, CLAR launched three cross-market asset acquisitions spanning the logistics, business space and data centre sectors, aiming to consolidate its position as a global REIT and optimize its portfolio structure.

According to the announcement, the three acquisitions are as follows: a logistics asset at Loyang Crescent in Singapore (S$457.8 million for 100% equity interest, fully leased), a business space asset in Singapore Science Park (S$245 million for 50% equity interest, with an occupancy rate of 90.7%), and a Tier III hyperscale data centre in Osaka, Japan (S$620.7 million for 49% equity interest).

In terms of finance, the total acquisition outlay of S$1.4103 billion will be funded through equity financing, debt financing and the issuance of new fund units. Projections show that upon completion of the acquisitions, CLAR's NPI will grow by 6.9%, its DPU will rise by 2.1%.

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