- CapitaLand Ascendas REIT’s 3Q operational updates reflect stable occupancy levels and continued positive rent growth, barring pockets of weakness in its US portfolio. Management upped its full-year (FY25) rent reversion guidance to low double digits from a high single digit.
- - Read this at SGinvestors.io -
Ramping up acquisitions and developments.
- In October, CapitaLand Ascendas REIT announced the acquisition of three Singapore industrial and logistics assets for S$565.8m.
- - Read this at SGinvestors.io -
- On the divestment front, CapitaLand Ascendas REIT recently announced the disposal of five Singapore assets in for S$306m (~6% premium to valuation) and one in the UK for S$52.5m (~13% premium). Gearing post transactions are expected to stay below 40% levels.
FY25 rent reversions to be in low double digits.
- Read more at SGinvestors.io.










