$CapitaLand Ascendas REIT(A17U.SI) Hosey! Rate cut of 0.25% . Reit sector likely rises higher!
CapitaLand Ascendas REIT likely rise up to test 2.87 than 2.92 and above! Pls dyodd.
Quote: The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market.
CapitaLand Ascendas - She is gaining strength likely to rise up to test 2.82 and above!
Next, she is rising up to retest 2.87 than 2.93-2.99.
Pls dyodd.
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.”
