Data from CapitaLand Ascott Trust's latest disclosure has been updated into the Singapore REITs table.
CapitaLand Ascott Trust (CLAS) is navigating a softer patch in Australia, with management confirming it has effectively shelved renovation plans for its Sydney Central property even as the trust's broader portfolio continues to perform.
The disclosures came during CLAS's second-quarter 2026 business update call on 28 July, led by chief executive Serena Teo.
CLAS reported that revenue per available unit (RevPAU) was broadly flat in Singapore, down 3% in the UK on a headline basis, and up 1% in the US.
Gearing has eased to 37.7%, aided by the paydown of sterling floating-rate debt, while interest cover stands at 2.9 times and the group's overall cost of debt held steady at about 2.8%.
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