CapLand Ascott Tr - 3Q 2025 gross profit increased 1% year-on-year (y-o-y).For 9M 2025, gross profit increased 4% y-o-y; on a same-store basis, the increased was 2%

  3Q 2025 gross profit increased 1% year-on-year (y-o-y) 

• Stronger operating performance, portfolio reconstitution and 

asset enhancement initiatives (AEI) drove the increase, mitigating 

the impact of depreciation of foreign currencies against the SGD

• On a same-store basis, excluding acquisitions and divestments1

between 3Q 2024 and 3Q 2025, gross profit was 2% lower y-o-y

due to a one-off land tax adjustment relating to a property in Australia

• For 9M 2025, gross profit increased 4% y-o-y; on a same-store basis, the increased was 2%.

Gearing 39.3%.

ICR 3.1x.