ParkwayLife - Nibbled small units at 4.01 , yield is about 3.8 percent

 3rd quarter results update Parkway Life Reit has raised its distribution per unit (DPU) by 2.3 per cent to S$0.1156 from S$0.113 in the previous corresponding period.

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Distributable income stood at S$75.4 million, up 10.4 per cent from S$68.3 million.

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Revenue climbed 8.2 per cent to about S$117.3 million, boosting net property income by 8.1 per cent to about S$110.7 million. 

The price has corrected from 4.44 to close at 4.00. It looks like a gd pivot entry point. 

Yield is about 3.85% seem quite decent!

Pls dyodd. 

PLIFE REIT REPORTS STURDY 1H 2025 RESULTS WITH HIGHER REVENUE 

AND DPU, SUPPORTED BY STRATEGIC GEOGRAPHIC EXPANSION 

 Gross revenue and net property income rose by 8.1% and 8.0% YoY 

respectively, reflecting income growth from acquisitions 

 DI grew by 9.5% year-on-year attributed to acquisitions in 2024 and 

Singapore hospitals with step-up lease arrangements 

 DPU increased 1.5% year-on-year to 7.65 Singapore cents for 1H 2025 

 Financial position remains healthy with gearing at 35.4% and no long-term 

refinancing needs until September 2026

he Group delivered a resilient performance during the period, supported by 

higher rental contributions from its core Singapore hospitals and incremental income 

from newly acquired assets in Japan and France. 

Gross revenue for the half-year rose 8.1% year-on-year (“YoY”) to S$78.3 million, 

while net property income grew 8.0% to S$73.8 million. Distributable income to 

unitholders increased 9.5% YoY to S$49.9 million. Arising from an enlarged unit base3, 

this translated into a Distribution per Unit (“DPU”) of 7.65 Singapore cents, a 1.5% 

increase from the 7.54 Singapore cents declared in the same period last year. 

The improved performance was driven by additional contributions from the acquisition 

of 11 nursing homes in France and one nursing home in Japan in 2H 2024, partially 

offset by the depreciation of the Japanese Yen (“JPY”). Meanwhile, the Group’s 

Singapore hospitals continued to deliver steady growth under long-term master leases 

with fixed 3% annual rental step-ups through FY2025. 

Resilient Portfolio Anchored by Singapore, Strengthened by Geographic 

Diversification 

As at 30 June 2025, PLife REIT’s portfolio comprised 75 properties across Singapore, 

Japan, Malaysia, and France, with a total value of approximately S$2.46 billion3. The 

entry into France in 2024 marked the Group’s first expansion into Europe and reflects 

its strategic focus on diversifying income source away from Japan through exposure 

to mature healthcare markets with long-term demand drivers. 

Singapore remains the anchor of the portfolio, contributing steady and predictable 

income. The Group’s three hospital properties are operated by Parkway Hospitals 

Singapore Pte Ltd, a wholly owned subsidiary of IHH Healthcare Berhad, under long-

term master leases of 20.4 years. These leases include fixed annual rental step-ups of 3%. 

CICT- CapLand IntCom Tr : Private placement of 2.105 of about 500m for the acquisition of 55 percent of CapitaLand Spring assets

  USE OF PROCEEDS 

Subject to relevant laws and regulations, the Manager intends to use the gross proceeds of 

no less than approximately S$500.0 million from the Private Placement in the following 

manner: 

(i) approximately S$466.5 million (which is equivalent to approxi

mately 93.3% of the 

gross proceeds of the Private Placement) to finance the proposed acquisition of the 

remaining 55.0% interest in the office and retail component of CapitaSpring, a 

property located at 86 Market Street, Singapore 048947 and 88 Market Street, 

Singapore 048948 3

(the proposed “Acquisition”), which was announced on 5 

August 2025; 

(ii) approximately S$26.3 million (which is equivalent to approximately 5.3% of the 

gross proceeds of the Private Placement) for the repayment and refinancing of debt 

and/or capital expenditure and asset enhancement initiatives; and

First Half results was out! 

The results is quite good! 

NEWS RELEASE 

CICT’s 1H 2025 distribution per unit grows 3.5% to 5.62 cents

• Robust year-on-year performance driven by effective portfolio reconstitution 

and disciplined capital management

• New asset enhancement initiatives at Lot One Shoppers’ Mall and Tampines 

Mall to unlock additional asset value

Singapore, 5 August 2025 – CapitaLand Integrated Commercial Trust (CICT or the Trust)

today announced a distributable income growth of 12.4% year-on-year (y-o-y) to S$411.9

million for the six months ended 30 June 2025 (1H 2025), compared to S$366.5 million in 1H 

2024. This increase is attributed to the income contribution from ION Orchard, which was

acquired on 30 October 2024, better performance from existing properties and lower interest 

expenses, partially offset by the divestment of 21 Collyer Quay. 

CICT’s 1H 2025 distribution per unit (DPU) rose 3.5% to 5.62 cents, on an enlarged unit base 

compared to the 1H 2024 DPU. With the record date on Wednesday, 13 August 2025, CICT’s

unitholders can expect to receive the 1H 2025 DPU on Thursday, 18 September 2025. Based 

on the closing price of S$2.17 per unit on 30 June 2025, CICT’s annualised distribution yield 

is 5.2%.

In 1H 2025, CICT’s gross revenue eased by 0.5% y-o-y to S$787.6 million, resulting in a

corresponding 0.4% y-o-y decrease in its net property income to S$579.9 million. This slight 

decline was primarily due to the absence of income from 21 Collyer Quay, divested on 11 

November 2024, and Gallileo, which has been undergoing asset enhancement initiatives (AEI) 

since February 2024. Excluding the income contribution from 21 Collyer Quay in 1H 2024, the 

Trust’s gross revenue and net property income for 1H 2025 would have increased by 1.4% and 

1.7%, respectively. 

Mr Tan Choon Siang, CEO and Executive Director of CICTML, said: “Our first-half results

underscore the strength and resilience of CICT, driven by active portfolio management and

reconstitution efforts, as well as disciplined capital management. The income contribution from 

ION Orchard and stronger portfolio performance have effectively offset the income gap from 

the sale of 21 Collyer Quay and the ongoing AEI at Gallileo. In addition, the recent divestment 

of the non-core serviced residence component of CapitaSpring on 30 May 2025 has bolstered

CICT’s financial flexibility, with net proceeds used to reduce debt and support working capital 

needs. These actions affirm our commitment to enhancing asset and portfolio value, recycling 

capital and maintaining financial discipline in a dynamic macroeconomic environment.”

CapitaLand Ascendas -is proposing to launch its first logistics developments in the UK at an estimated total investment cost of S$350.1 million

 29th August 2025:

She is rising up to test 2.75 again! A nice crossing over smoothly plus good volume we may see her rising up further towards 2.81 than 2.87.

Pls dyodd.

18th August 2025:

CapitaLand Ascendas REIT to divest five properties in Singapore 

for S$329.0 million.

mpines Industrial Avenue 3.

The Sale Consideration represents a premium of approximately 6% over the total market 

valuation of the Properties of S$311.3 million and a 20% premium to their total original 

purchase price of S$274.2 million. 

The Proposed Divestments are in line with the Manager’s proactive capital recycling strategy 

to improve the quality of CLAR’s portfolio and optimise returns for unitholders of CLAR. 

The estimated net proceeds after divestment costs are expected to be S$313.1 million. The 

net proceeds may be utilised for various purposes, including financing committed investments, 

paying down debt, extending loans to subsidiaries, funding general corporate and working 

capital needs, and/or making distributions to Unitholders.

For the purpose of calculating the pro forma impact on CLAR’s aggregate leverage, if the net 

proceeds were used to repay CLAR’s borrowings as at 31 December 2024, its aggregate 

leverage would have reduced from 37.7% to approximately 36.6%.

The Proposed Divestments are expected to be completed within the fourth quarter of 2025. 

Following the completion of the Proposed Divestments, CLAR will own 226 properties 

comprising 93 properties in Singapore, 34 properties in Australia, 49 properties in the United 

States (US) and 50 properties in the United Kingdom/Europe.

11th August 2025:

quote  : CapitaLand Ascendas Reit (Clar) is proposing to launch its first logistics developments in the UK at an estimated total investment cost of S$350.1 million.

Clar is proposing to acquire two plots of freehold land in the East Midlands, a key logistics market in the UK, on which it plans to develop four new logistics properties, the manager said on Monday (Aug 11).

“The proposed developments align with Clar’s strategy to expand its logistics portfolio in the UK where demand is expected to be underpinned by e-commerce growth and occupiers’ evolving supply chain strategies,” the manager said on Monday.

This will grow the Clar’s UK logistics portfolio to 42 investment properties. It will raise the Reit’s UK portfolio value by 27.2 per cent to around S$1.6 billion, representing 10 per cent of the Reit’s total AUM of S$17.2 billion.

4th August 2025:

CapitaLand Ascendas REIT delivers Distribution per Unit of 7.477

Singapore cents for 1H 2025

▪ Distributable income for 1H 2025 was stable year-on-year at S$331.1 million

▪ Portfolio occupancy remained healthy at 91.8% and leases renewed in 1H 

2025 achieved a positive average rental reversion of 9.5%

▪ Healthy aggregate leverage of 37.4% and stable cost of debt of 3.7% for 1H 

20256

▪ Accretive acquisitions of three well-located, modern properties in Singapore 

and the US totalling S$878.0 million, as well as completion of 1 Science Park 

Drive redevelopment for S$300.2 million in 2025 will enhance CLAR’s portfolio 

quality and contribute to long-term returns.

XD 11th August 2025 for balance 0.998 cents. 

– The Board of Directors of CapitaLand Ascendas REIT

Management Limited (the Manager), the manager of CapitaLand Ascendas REIT (CLAR), is 

pleased to report that distributable income for the six months ended 30 June 2025 (1H 2025) 

was stable at S$331.1 million, an increase of 0.1% year-on-year (YoY). 

Taking into account an enlarged unit base of approximately 4.4 billion (+0.7% YoY) following 

the issuance of new units pursuant to CLAR’s private placement in May 2025 to fund 

acquisitions, Distribution per Unit (DPU) for 1H 2025 declined slightly to 7.477 Singapore cents

(-0.6% YoY).

Gross revenue for 1H 2025 decreased by 2.0% YoY to S$754.8 million mainly due to the 

divestments of five properties in Australia (February 2024), Singapore (November 2024) and 

the US (June 2025), as well as the decommissioning of a property in the UK for redevelopment 

in June 2024. The decrease was partially offset by the acquisition of a property in the US in 

January 2025. Consequently, net property income decreased by 0.9% YoY to S$523.4 million. 

Mr William Tay, Chief Executive Officer and Executive Director of the Manager, said, “Despite 

the ongoing macroeconomic uncertainties, CLAR’s distributable income of S$331.1 million 

and DPU of 7.477 cents for 1H 2025 were stable. This underscores the continued strength of 

our diversified portfolio, operational management and disciplined execution of our capital 

management strategies.”

“CLAR is set to add approximately S$725 million of prime, income-producing assets in 

Singapore. 9 Tai Seng Drive, a Tier III colocation data centre and 5 Science Park Drive, a 

premium business space property are well-located, modern properties that are fully leased to 

reputable tenants and will contribute positively to our income stream. These two properties 

will further anchor CLAR in Singapore, with Singapore accounting for about 67% of AUM when 

the transactions are completed,” Mr Tay added. “We will stay responsive to changing market 

conditions and are confident of navigating through these uncertain times.”

Mapletree PanAsia Com - Wow, today strong performance. She is up 4 cents to 1.32, looks rather positive and she may rise up to test 1.36

 Mapletree PanAsia Com  - Wow, today strong performance. She is up 4 cents to 1.32, looks rather positive and she may rise up to test 1.36.

Beyond 1.36, she may rise up cover the Gapped at 1.41-1.42.

Do take note she is going XD on 6th August for 2.01 cents dividend. 

Not a call to buy or sell!

Pls dyodd. 

CapitaLand Ascendas REIT - 1st Half Results will be out today, 4th August after trading hours. Estimating DPU of 7.7 to 7.8 cents

 CapitaLand Ascendas REIT  - 1st Half Results will be out today, 4th August after trading hours. Estimating DPU of 7.7 to 7.8 cents!

Chart wise,  she has retreated from 2.87 to close at 2.74, looks like opportunity is back! 

At 2.74, yield is about 5.55%. 

I think is quite a gd yield level. 

The recent acquisition of DC and Business park in Singapore may boost their dpu payout. 

Pls dyodd. 

Home baked Earl Grey

Chiffon cake , soft and fluffy,  nom nom. 

CapLand Investment (9CI.SI) - She has retreated from 2.87 to close at 2.76, she may rise up to retest 2.82 after taking this breather

 CapLand Investment (9CI.SI) - She has retreated from 2.87 to close at 2.76, she may rise up to retest 2.82 after taking this breather!

Yearly dividend is about 18 cent if we add up the Final dividend of 12 cents plus 0.03 share of CICT , equivalent to about 6 cents that give us a total of 18 cents, yield is a whopping  6.5% at 2.76. 

I think is a great yield level.

Pls dyodd. 

11th July 2025:

CapitaLand Investment (9CI.SI) - She is rising up to retest 2.73 again.A nice breakout smoothly plus good volume we may see her rising up further towards 2.82 and above!

Beyond 2.83, we may see her rising up further towards 2.93 with extension to 3.12.

Pls dyodd. 

 CapLand Investment  - She is gaining strength likely to test 2.72 . A nice breakout smoothly plus good volume we may see her rising up further towards 2.82 and above !

Beyond that, she may show us 3.00 and above.

Pls dyodd.

 27th April 2025:

 Tomorrow 13th May, dividend will be credited plus 0.03 CICT share! Exciting moments!

Hopefully,  price can rise higher tobtest 2.61 and above!

Pls dyodd. 

27th April 2025:

CapitaLand Investment  (9CI.SI)  - Chart wise,  bullish mode.She is looking great to rise up to test 2.79, XD 2nd may XR 0.03 percent of CICT share, Huat ah!

Rare opportunity to look at this property investment companies of having assets light and earnings of management fees such as Reit management fees, Loan interest fees(loan division) and other businesses. 

Our Fee-Income Related Business (FRB) comprises Listed Funds Management, Private Funds Management, Lodging Management and Commercial Management. Together, they provide a steadily growing, recurring fee-based revenue stream.

20th April 2025:

 CapLand Investment (9CI.SI) - total dividend of about 18.6 cents including special dividend species of 0.031 CICT share, XD 2nd May. Paydate 13 May 2025. Fantastic! 

0.031 x 2.12(CICT price) = 0.0658.

Final dividend 12 cents + 6.58 cents = 18.658 cents. 

Chart wise,  bullish mode! 

She may rise up to cover the Gapped at 2.65.

A nice breakout smoothly at 2.65 plus good volume we may see her rising up further towards 2.70 than 2.79-2.80.

Pls dyodd.