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CapLand Ascendas RE
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Ascendasreit
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PiRPiR
Master |
04-Jun-2026 09:09
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08:27 PM EDT, 06/03/2026 (MT Newswires) -- CapitaLand Ascendas REIT (SGX:A17U) has agreed to acquire 5 Tuas Avenue 5 in Singapore for SG$133.9 million from Hup Hin Transport Co, according to a local bourse filing on Thursday.
The asset is a seven-story, ramp-up logistics property that was completed in 2021. It is currently fully occupied by four tenants, including the seller. It will have a weighted average lease expiry of five years with an annual rental escalation of 2%. The acquisition is expected to be completed by the second half of 2026, after which CapitaLand Ascendas' logistics portfolio across Singapore, Australia, the US, the UK, and Europe will increase to around SG$4.9 billion. |
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Delvyss
Elite |
29-May-2026 09:57
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Mortgage rates today fall to 6.37% as Fed rate cuts approachhttps://eciks.org/6181-28696-mortgage-rates-today-fall-to-6-37-as-fed-rate-cuts-approach |
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MrBear12
Supreme |
22-May-2026 13:23
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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buy this one.
best reit in SG. pretty decent price now |
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PiRPiR
Master |
22-May-2026 12:51
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11:50 PM EDT, 05/21/2026 (MT Newswires) -- CapitaLand Ascendas REIT (SGX:A17U) along with CapitaLand Development, launched Geneo, a SG$1.4 billion life sciences and innovation hub at Singapore Science Park, according to a Friday filing with the Singapore Exchange.
Geneo spans across an area of 180,600 square meters and comprises three properties, which include laboratories and business park workspaces. |
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Delvyss
Elite |
22-May-2026 12:19
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CapitaLand chalks up over 80% occupancy for Geneo cluster at Science Park, rents meet expectationshttps://www.businesstimes.com.sg/property/capitaland-chalks-over-80-occupancy-geneo-cluster-science-park-rents-meet-expectations |
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Delvyss
Elite |
21-May-2026 09:28
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possibly consecutive 3 green candles
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Delvyss
Elite |
13-May-2026 09:46
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S REITS due for nice reversal. Rate anticipation/expectation more than factored in. | ||||
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Delvyss
Elite |
07-May-2026 14:01
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3 Singapore REITs buying assets that could lift dividendshttps://growbeansprout.com/singapore-reits-dividends-april-2026 |
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Alignment
Elite |
06-May-2026 21:48
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A bit like asking whether you prefer to lose an arm or a leg. Are either REITs offering a DPU yield above the risk free rate that is worth the risk? However the question has merit if one is considering a pairs long/short trade of buying one and shorting the other. |
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PiRPiR
Master |
06-May-2026 21:03
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https://thesmartinvestor.com.sg/reit-showdown-is-capitaland-ascendas-still-better-than-mapletree-industrial/
REIT Showdown: Is CapitaLand Ascendas Still Better Than Mapletree Industrial? CapitaLand Ascendas REIT and Mapletree Industrial Trust are two of Singapore?s most popular industrial REITs, but which offers the better mix of income and growth today? Wilson H.By Wilson H.May 6, 20266 Mins Read Singapore income-focused investors have long liked industrial REITs as they provide exposure to properties with long-term structural growth prospects, such as e-commerce (logistics hubs) and AI (data centres). Two familiar examples are CapitaLand Ascendas REIT (SGX: A17U), or CLAR, and Mapletree Industrial Trust (SGX: ME8U), or MIT. With an uncertain macroeconomic environment and shifts in interest rates, which REIT presents a better buy today? Let?s find out. Business Overview: How Do They Differ? CLAR has a geographically diversified portfolio, with 200 properties in Singapore, Australia, Europe, and the US. As of 31 March 2026, CLAR?s portfolio is valued at S$18.6 billion. CLAR?s portfolio has a heavy tilt towards Singapore (67% of the portfolio?s value), with the rest of the portfolio balanced across the US, Australia and Europe. The REIT?s properties belong to a variety of segments including business parks and life sciences (43% of overall portfolio value), logistics assets (26%), industrial assets (20%), and data centres (11%). Overall portfolio occupancy as of 31 March 2026 is stable at 90.5%, with a weighted average lease expiry (WALE) of 3.8 years. With a diversified tenant mix spread across 20 industries, anchored by solid blue-chips, CLAR enjoys reliable, recurring rental income. Meanwhile, MIT?s 136 properties, which have an overall value of S$8.3 billion as of 31 March 2026, are spread across North America (46.5% of portfolio value) and Singapore (46.3%). Japan accounts for the rest. It?s worth noting that MIT is currently pursuing accretive acquisitions in high-quality data centres across Europe and the Asia Pacific. Unlike CLAR, data centres comprise the majority of MIT?s portfolio (53% of overall value), with the rest comprising industrial buildings, high-tech buildings, and industrial spaces. But in a similar manner to CLAR, MIT has good occupancy at 91.2% and a healthy WALE of 4.4 years. With a wide range of blue-chip tenants anchoring its tenant profile, MIT should also be able to collect reliable, recurring rental income from its lessees. Financial Snapshot Since 2021, the CLAR?s distribution per unit (DPU) has hovered around S$0.15. The REIT?s units currently trade at S$2.52 each, translating to a trailing distribution yield of around 6%. Net property income (NPI) rose 1.7% to S$1.1 billion in 2025. Aggregate leverage for CLAR is manageable, with management expecting the figure to be at 37.3% in April 2026. The interest coverage ratio is also decent at 3.5, with a cost of debt of 3.5%, and a comfortable debt maturity profile of 2.6 years. Meanwhile, MIT?s DPU has declined from S$0.138 in FY2021/2022 to S$0.1271 in FY2025/2026. At the current unit price of S$1.97, MIT offers a trailing distribution yield of approximately 6.5%. MIT also has a strong balance sheet, with aggregate leverage of 37.5% and an interest coverage ratio of 4.0. Its borrowing cost stands at 3.2%, with an average debt tenor of 3.4 years. Growth Drivers: Where Future Upside May Come From Future growth for CLAR will come from its productive acquisition pipeline, spanning across data centres and industrial assets. Its more diversified exposure across logistics, industrial, and data centre assets makes the rental income earned by the REIT less reliant on a single sector. Conversely, MIT?s bigger exposure to data centres means its growth prospects are largely linked to the secular AI and cloud computing trends. With potentially strong rental reversions across its data centres, the REIT could see stabilisation in its NPI. Finally, MIT?s aforementioned deliberate expansion into developed markets such as Asia Pacific and Europe could further strengthen the reliability of its rental income. Dividend Strength: Stability vs Growth Since 2021, CLAR has boasted a more stable DPU compared to MIT. This could be because of the former?s diversification across multiple sectors. Both REITs should be able to continue paying distributions, given their decent balance sheets and positive rental reversions experienced. On maintaining distributions, CLAR might edge out MIT, given its wide diversification and the absence of specific challenges. Key Risks Investors Should Watch Some key risks to consider would be the potential for higher borrowing costs, which could pressure the distributions of both REITs. For more company-specific risks, MIT has higher exposure to data centres, where a slowdown in the cloud/AI growth trends could soften its operating performance. For CLAR, its more diversified exposure could result in slower growth compared to MIT. Finally, both REITs face the same challenge of integrating newly acquired properties. Valuation: Which REIT Looks More Attractive? On a trailing twelve months (TTM) basis, MIT seems to be more attractively priced, trading at a price-to-book (P/B) ratio of 1 compared to CLAR?s 1.1. Compared to their five-year historical average yields of 5.9% (MIT) and 5.4% (CLAR), both REITs currently trade at higher distribution yields, suggesting units remain attractively priced relative to historical norms. Given the small discrepancy in both the P/B ratio and distribution yields, both REITs appear to be fine choices. Get Smart: Scaling Through Diversity or Specialising for the Future In sum, both CLAR and MIT are fine industrial REITs with long-standing track records of distribution payout and growth. The choice of which is the better REIT to buy ultimately comes down to your preference and risk appetite. If you?re looking for greater diversification and stability, consider CLAR for your portfolio. However, if you?re searching for greater growth and a pure play on data centres, MIT might be suitable for you. When the market corrects, most people see a crisis. We see an opportunity to apply a system. |
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Alignment
Elite |
28-Apr-2026 11:35
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many other REITs offer better risk/reward opportunities. | ||||
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Joelton
Supreme |
28-Apr-2026 11:33
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CapitaLand Ascendas Reit&rsquo s portfolio occupancy dips to 90.5% in Q1 rental reversion slows Occupancy in Australia falls 1.4 percentage points quarter or quarter in Singapore, it slips by 0.6 percentage points [SINGAPORE] CapitaLand Ascendas Reit&rsquo s (Clar) : A17U -0.39%portfolio occupancy fell to 90.5 per cent from 90.9 per cent in the preceding quarter, said its manager in a business update on Monday (Apr 27). Changes in occupancy were mixed across the real estate investment trust&rsquo s (Reit) portfolio. Australia saw the biggest decrease, falling 1.4 percentage points from the previous quarter to 93 per cent. Clar&rsquo s manager attributed this primarily to a lease expiry for a logistics property in Melbourne. Singapore&rsquo s portfolio occupancy dipped 0.6 percentage points quarter on quarter to 90.6 per cent. This came as occupancy within multi-tenant buildings fell 0.8 percentage points to 88.2 per cent, from 89 per cent in the quarter before, noted the manager. Clar&rsquo s United Kingdom and Europe portfolio was a bright spot, with occupancy inching up 1.1 percentage points from the preceding quarter to 93.1 per cent. This was driven by the acquisition of six fully-occupied Grade-A logistics properties in Spain, said the manager. In the US, occupancy climbed 0.2 percentage points quarter on quarter to 85.7 per cent. In terms of rental performance, Clar&rsquo s average portfolio rental reversion for renewed leases fell to 10.6 per cent in Q1, from 19.6 per cent in the previous quarter. The US recorded the highest reversion at 15.1 per cent, followed by Singapore at 10.5 per cent and Australia at 3.5 per cent. The manager noted that no renewals were signed during the period in its United Kingdom and Europe portfolio. For the full 2026 financial year, Clar&rsquo s manager forecasts rental reversion to be &ldquo mid single-digit&rdquo . The business space and industrial Reit&rsquo s portfolio weighted average lease expiry remained stable at 3.8 years. Meanwhile, aggregate leverage stood at 42 per cent as at Mar 31, 2026, up from 39 per cent as at Dec 31, 2025. The manager noted that aggregate leverage is expected to improve to around 37.3 per cent in April 2026, following an equity fund raising of S$903.5 million. This is under the assumption that net proceeds are fully used to repay debt facilities and before the completion of the acquisitions of a 49 per cent interest in a data centre in Japan and a 100 per cent interest in 25 Loyang Crescent in Singapore. Weighted average all-in debt cost remained steady quarter on quarter at 3.5 per cent. More broadly, downside risks amid the Middle East conflict dominate the macroeconomic outlook. Nevertheless, the Reit&rsquo s manager said: &ldquo With a strong balance sheet and healthy liquidity, Clar is well-positioned to leverage growth opportunities to deliver sustainable returns.&rdquo Units of Clar closed 0.4 per cent or S$0.01 lower at S$2.54 on Monday. |
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PiRPiR
Master |
28-Apr-2026 10:42
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CapitaLand Ascendas Reit's portfolio occupancy dips to 90.5% in Q1 rental reversion slows
Occupancy in Australia falls 1.4 percentage points quarter or quarter in Singapore, it slips by 0.6 percentage points SINGAPORE] CapitaLand Ascendas Reit?s (Clar) .4 percentage points from the previous quarter to 93 per cent. Clar?s manager attributed this primarily to a lease expiry for a logistics property in Melbourne.ent. This came as occupancy within multi-tenant buildings fell 0.8 percentage points to 88.2 per cent, from 89 per cent in the quarter before, noted the manager. Clar?s United Kingdom and Europe portfolio was a bright spot, with occupancy inching up 1.1 percentage points from the preceding quarter to 93.1 per cent. This was driven by the acquisition of six fully-occupied Grade-A logistics properties in Spain, said the manager.In the US, occupancy climbed 0.2 percentage points quarter on quarter to 85.7 per cent.In terms of rental performance, Clar?s average portfolio rental reversion for renewed leases fell to 10.6 per cent in Q1, from 19.6 per cent in the previous quarter.The US recorded the highest reversion at 15.1 per cent, followed by Singapore at 10.5 per cent and Australia at 3.5 per cent. The manager noted that no renewals were signed during the period in its United Kingdom and Europe portfolio. For the full 2026 financial year, Clar?s manager forecasts rental reversion to be ?mid single-digit?. The business space and industrial Reit?s portfolio weighted average lease expiry remained stable at 3.8 years.Meanwhile, aggregate leverage stood at 42 per cent as at Mar 31, 2026, up from 39 per cent as at Dec 31, 2025. The manager noted that aggregate leverage is expected to improve to around 37.3 per cent in April 2026, following an equity fund raising of S$903.5 million.This is under the assumption that net proceeds are fully used to repay debt facilities and before the completion of the acquisitions of a 49 per cent interest in a data centre in Japan and a 100 per cent interest in 25 Loyang Crescent in Singapore.Weighted average all-in debt cost remained steady quarter on quarter at 3.5 per cent. More broadly, downside risks amid the Middle East conflict dominate the macroeconomic outlook. Nevertheless, the Reit?s manager said: ?With a strong balance sheet and healthy liquidity, Clar is well-positioned to leverage growth opportunities to deliver sustainable returns.?Units of Clar closed 0.4 per cent or S$0.01 lower at S$2.54 on Monday. |
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JurongW
Elite |
27-Apr-2026 18:26
Yells: "Earnings give weight, Chart give wings" |
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1Q Business update |
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Alignment
Elite |
21-Apr-2026 18:27
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Depends with who you hold your shares. I expect to be told tomorrow. Looks like 25% of people did not take up their rights but many of the 75% applied for excess. |
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Luckygal
Member |
17-Apr-2026 11:44
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I applied for excess shares. When will the allocation results be out? | ||||
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Winsmallsmall
Member |
17-Apr-2026 11:14
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I used FSMONE margin and cash account - apply for rights and excess rights are FOC, no charges, not even the $2. hahha
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Alignment
Elite |
08-Apr-2026 13:41
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To be clear, it seems to me I don' t have to pay any fee. On an unrelated matter, why is Ascendas doing an equity raise to buy 25 Loyang Crescent, at a price which implies only a 6.4% NPI yield (i.e. before central costs factored in) and which only has a 27 year remaining life? |
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kt3152
Supreme |
08-Apr-2026 12:49
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Those with shares in CDP, processing fees is on $2 using atm or Internet banking. If your shares is with broking house e.g. under margin account, then the processing fees could be quite a bit....
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kt3152
Supreme |
08-Apr-2026 12:43
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capitaland ascendas reit rights issue +4 CapitaLand Ascendas REIT (CLAR) is raising ~S$903.5 million through an equity fund-raising, including a non-renounceable preferential offering of ~S$300 million to existing unitholders, to fund a S$1.4 billion acquisition. Units are offered at S$2.35?S$2.40 per unit, with a 28-for-1,000 ratio. The offering closes on 15 April 2026.Key Details of the Preferential Offering (March/April 2026):Purpose: Partially fund the acquisition of two industrial properties in Singapore and a data centre in Japan.Structure: Non-renounceable preferential offering, meaning rights cannot be sold on the open market.Issue Price: Fixed at S$2.35 per new unit.Allotment Ratio: 28 new units for every 1,000 existing units.Key Dates:Record Date: 1 April 2026 (5:00 pm).Offer Period: 7 April 2026 to 15 April 2026.Listing Date: 23 April 2026. | ||||
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