CapitaLand Ascott Trust's Operating Portfolio Rises 4% in Q3
MT Newswires10-27 08:14
CapitaLand Ascott Trust's (SGX:HMN) operating portfolio performance rose 4% year over year in the third quarter of 2026 on a same-store basis, excluding acquisitions, divestments, and the closure of The Cavendish London, according to a Tuesday filing with the Singapore Exchange.
Revenue per available unit (RevPAU) in the three months ended Sept. 30 was SG$164 with occupancy of 84%. Portfolio RevPAU was up 4% in the quarter, excluding The Cavendish London, acquisitions, and divestments, the lodging trust said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
