CapitaLand Ascendas REIT to expand its U.S. logistics portfolio with proposed purchase of DHL Indianapolis Logistics Center

  • 12/17/2024

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IREI

CapitaLand Ascendas REIT Management Ltd., as the manager of CapitaLand Ascendas REIT (CLAR), has proposed acquisition of DHL Indianapolis Logistics Center, a modern class A logistics property, from Exel d/b/a DHL Supply Chain (USA) for $115.8 million. The property is located in Whiteland, a submarket in southeast Indianapolis.

CapitaLand
Janine Gui | Head of CapitaLand USA

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