CapitaLand Ascendas REIT, formerly known as Ascendas REIT, is a listed real estate investment trust on the SGX-ST, and the company describes itself as Singapore's first and largest listed business space and industrial REIT. It owns buildings that businesses rent rather than buying them outright, and its portfolio covers business spaces, life sciences buildings, logistics and industrial sites, and data centres. Its properties are in Singapore, Australia, the United States and the United Kingdom and Europe. The address on the listing is 70 Alps Avenue in Changi. The one other real estate listing within a kilometre is also at 70 Alps Avenue, with 4.1 from 36 reviews.