CapitaLand Ascendas REIT (A17U) told investors at the HSBC-SGX London Corporate Day on Oct, 12 2026 that its distributable income for the first half of 2026 rose 8.6 % year-on-year to 359.4 million Singapore dollars, while distribution per unit was steady at 7.482 Singapore cents.
The trust reported gross revenue of 805.5 million Singapore dollars and net property income of 556.1 million Singapore dollars, increases of 6.7 % and 6.2 % respectively from the corresponding period in 2025.
As at Jun, 30 2026, assets under management stood at about 20.1 billion Singapore dollars across 234 properties in Singapore, the United States, Australia, the United Kingdom/Europe and Japan. Portfolio occupancy was 89.1 % and weighted average lease expiry was four years. Aggregate leverage was 39.7 %, with a weighted average debt cost of 3.5 %.
Year-to-date 2026, the REIT completed roughly 1.78 billion Singapore dollars of acquisitions, including logistics assets in Spain, a data centre in Greater Osaka, a 50 % stake in Ascent at Singapore Science Park and a logistics facility at 5 Tuas Avenue 5. It also finished two development projects—Summerville Logistics Center in the United States and the redevelopment of 27 International Business Park in Singapore—for a combined 232.8 million Singapore dollars.
The manager has five ongoing projects with an estimated total cost of 507.2 million Singapore dollars and has agreed to divest Kim Chuan Telecommunications Complex for 200.4 million Singapore dollars, a 32 % premium to valuation.
A distribution of 3.732 Singapore cents per unit for the period from Apr, 2 2026 to Jun, 30 2026 will be paid on Sep, 8 2026 to unitholders on record as of Aug, 14 2026.