CapitaLand Ascott Trust reported FY 2025 revenue of 837.6 million Singapore dollars and gross profit of 385.3 million Singapore dollars, up 3% and 4% year-on-year respectively.

Income available for distribution rose 11% to 256.7 million Singapore dollars, while total distribution stood at 233.5 million Singapore dollars. Distribution per stapled security (DPS) was maintained at 6.10 Singapore cents.

At end-December 2025, total assets were 8.9 billion Singapore dollars and aggregate leverage was 37.7%, providing about 2.1 billion Singapore dollars of debt headroom before reaching the 50% regulatory limit. The average cost of debt was 2.9% per annum, with 78% of borrowings on fixed rates and an interest cover ratio of 3.0 times.

During FY 2025 the trust completed roughly 300 million Singapore dollars of divestments at premiums to book value and executed acquisitions of about 210 million Singapore dollars in higher-yielding properties, including rental housing assets in Japan. Portfolio valuation recorded a net surplus of around 130 million Singapore dollars, mainly from stronger operating performance in Japan, France and Australia.

Asset enhancement initiatives totaling approximately 295 million Singapore dollars are under way or planned for properties in London, Paris, Sydney, Osaka and New York, with completion timelines running through 2027.

CapitaLand Ascott Trust aims to keep 70–75% of assets in serviced residences and hotels and 25–30% in rental housing and student accommodation, while preserving a disciplined capital structure amid interest-rate and currency volatility.