CapitaLand Ascendas Reit looks to redevelop older business park and data centre assets, as H2 DPU falls 2% to S$0.07528
The older business park assets are in Changi Business Park and International Business Park
Add BT as a preferred source
[SINGAPORE] CapitaLand Ascendas Reit (Clar) on Thursday (Feb 5) posted a 2 per cent drop in its distribution per unit (DPU) to S$0.07528 for the second half of the year ended Dec 31, 2025, from S$0.07681 for the year-ago period.
Distributable income for the half-year rose 2.7 per cent to S$347.2 million, from S$338 million the year before.
At a results brifing on Thursday (Feb 5), William Tay, chief executive officer of Clar’s manager, said Clar is exploring redevelopment opportunities for its data centre at 5 Tampines Central 6.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
MAS convenes bank CEOs over AI cyberthreats; boards told to own risks, not leave to IT teams
Is it time to scrap COE categories for cars?
