A&G News 4 June 2018

Allen & Gledhill advised HSBC Institutional Trust Services (Singapore) Limited (“HSBC Institutional Trust”) (in its capacity as trustee of Ascendas Real Estate Investment Trust (“A-REIT”)) and Ascendas Funds Management (S) Limited (“Ascendas Funds Management”) (in its capacity as manager of A-REIT), on the issue of S$200 million 3.14 per cent. notes due 2025 under the S$5 billion multicurrency medium term note programme by HSBC Institutional Trust.

Advising HSBC Institutional Trust and Ascendas Funds Management was Allen & Gledhill Partner Daselin Ang.

Advising HSBC Institutional Trust and Ascendas Funds Management on tax issues was Allen & Gledhill Partner Sunit Chhabra.

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