The half yearly results (ended 30 Jun 2026) for $CapLand Ascendas REIT(A17U.SG)has just been released. In a nutshell:
Gross Revenue: +6.7% YoY
Net Property Income (NPI): +6.2% YoY Distributable income: +8.6% YoY
DPU (cents): 7.482 (+0.1% Vs 1H 2025's 7.477 but -0.6% vs 2H 2025 7.528 due to enrged unit base from equity fund raising in 1H 2026)
Portfolio Occupancy: 89.1%
Aggregate leverage: 39.7%.
According to the press release, "A positive average rental reversion of 8.5% was achieved for leases that were renewed in multi-tenant buildings in 1H 2026. For FY 2026, the Manager expects average rental reversions to remain positive in the high single-digit range."
Weighted Average Lease Expiry (WALE): 4 years; ~9.6% of gross rental income is due for renewal in the remainder of FY 2026.
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