CapitaLand Ascendas REIT reported that distributable income for the six months ended Jun, 30 2026 rose 8.6% year on year to 359.4 million Singapore dollars, while gross revenue increased 6.7% to 805.5 million Singapore dollars and net property income climbed 6.2% to 556.1 million Singapore dollars. Distribution per unit was steady at 7.482 cents despite an expanded unit base.

The trust said it completed nine income-accretive acquisitions across the United States, Europe, Singapore and Japan during the period, committing about 1.8 billion Singapore dollars. Major deals included the 620.7 million Singapore dollars purchase of a 49% stake in Osaka Data Centre 1, a 245.0 million Singapore dollars half-stake in the Ascent business-space property at Singapore Science Park, a 185.4 million Singapore dollars portfolio of six Grade A logistics assets in Spain, and the 94.5 million Singapore dollars acquisition of the DHL Canal Winchester logistics facility in Columbus, Ohio.

In addition, CapitaLand Ascendas REIT finalised two development projects—Summerville Logistics Center in the United States and the 27 IBP redevelopment in Singapore—together with an asset enhancement at Nexus @one-north, investing a combined 232.8 million Singapore dollars. A further 507.2 million Singapore dollars has been earmarked for five ongoing projects.

The manager also announced plans to sell the Kim Chuan Telecommunications Complex in Singapore for 200.4 million Singapore dollars, a price double its 2005 purchase cost and 32% above the latest independent valuation.

As of Jun, 30 2026, the portfolio’s assets under management stood at about 20.1 billion Singapore dollars across 234 properties, with 65% located in Singapore. Portfolio occupancy was 89.1%, while aggregate leverage was 39.7% and the average cost of debt was 3.5%. Green financing accounted for roughly 3.0 billion Singapore dollars, representing 36% of total borrowings.