CapitaLand Ascendas REIT (A17U) reports 6.7 % rise in 1H FY2026 revenue, sets 3.732-cent distribution

SGX Filings
Aug 05

CapitaLand Ascendas REIT (A17U) announced results for the six months ended Jun, 30 2026. Gross revenue increased 6.7 % year-on-year to 805.503 million Singapore dollars, while net property income grew 6.2 % to 556.064 million Singapore dollars.

Total amount available for distribution rose 8.6 % to 359.416 million Singapore dollars. The trust declared a distribution per unit of 7.482 cents for 1H FY2026, which comprises two portions: 3.750 cents already paid on Apr, 30 2026 for the period Jan, 1 – Apr, 1 2026, and 3.732 cents for Apr, 2 – Jun, 30 2026. The latter portion has a record date of Aug, 14 2026 and will be paid on Sep, 8 2026.

During the half-year, the trust completed acquisitions totaling roughly 1.15 billion Singapore dollars, including a logistics asset in Columbus, Ohio; six logistics properties in Spain; a 50 % stake in Ascent at 2 Science Park Drive, Singapore; and a 49 % stake in Osaka Data Centre 1, Japan.

As at Jun, 30 2026, investment properties stood at 18.887 billion Singapore dollars and aggregate leverage was 39.7 %. The portfolio comprised 232 properties across Singapore, Australia, the United States, the United Kingdom/Europe and Japan.

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