CapitaLand Ascendas REIT (CLAR) is planning to acquire the DHL Indianapolis Logistics Center (USA) in a sale-and-leaseback transaction:

The property’s total acquisition cost of $153.4 million, including an acquisition fee and other transaction-related expenses, is intended to be financed through a combination of internal resources, divestment proceeds or existing debt facilities.

For illustrative purposes, Clar’s distribution per unit (DPU) for the financial year would have been 0.019 cent, representing a DPU accretion of 0.1 per cent, assuming that the proposed acquisition was completed on Jan 1, 2023.