CapitaLand Ascendas REIT Posts Higher Portfolio Occupancy in Q3

MT Newswires10-30 10:30

CapitaLand Ascendas REIT (SGX:A17U) CapitaLand Ascendas REIT's (SGX:A17U) portfolio occupancy rate rose to 90.1% in the third quarter from 89.1% a year ago.

Portfolio rental reversion stood at 9.9%, compared with 7.6% a year earlier, according to a Thursday filing with the Singapore Exchange.

Rental reversion for fiscal year 2026 is expected to remain positive in the "high single-digit range," the REIT said.

Portfolio weighted average lease expiry came in at 4.1 years.

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