CapitaLand Ascendas REIT (A17U) reported total net property income of 544 million Singapore dollars for the six months ended Dec, 31 2025, an increase of 4.3 % from 521 million Singapore dollars a year earlier.

Group gross revenue rose 2.9 % year on year to 783 million Singapore dollars, led by its Singapore portfolio, where revenue grew 6.5 % to 534 million Singapore dollars.

By sector in Singapore, Business Space and Life Sciences delivered net property income of 162 million Singapore dollars, up 9.1 %; Industrial and Data Centres generated 152 million Singapore dollars, up 8.2 %; while Logistics contributed 68 million Singapore dollars, rising 5.4 %.

Outside Singapore, Australia posted net property income of 47 million Singapore dollars, down 10.7 % on weaker occupancy; the United States recorded 66 million Singapore dollars, a marginal 0.6 % decline; and the United Kingdom/Europe segment was broadly stable at 49 million Singapore dollars.

Portfolio occupancy stood at 90.9 % as at Dec, 31 2025 compared with 92.8 % a year earlier. The trust held 222 investment properties at period-end, following acquisitions in Singapore and the United States and several divestments across Singapore, Australia, the United Kingdom and the United States during the half-year.