CapitaLand Ascott Trust (CLAS) delivered an 11% year-on-
year (YoY) increase in income available for distribution to S$107.1 million for the six
months ended 30 June 2026 (1H 2026), due to higher non-periodic items 1.
Total distribution was S$97.5 million, after retaining S$9.6 million in non-periodic items, as
CLAS continues to execute its portfolio reconstitution and growth strategy.
CLAS’ 1H 2026 Distribution per Stapled Security (DPS) remained stable YoY at 2.53 Singapore cents. XD 4th August.
The trailing 12-month DPS corresponds to a distribution yield of 6.9%.
The record date for the 1H 2026 DPS is on 5 August 2026, and CLAS’ Stapled
Securityholders can expect to receive their distribution on 28 August 2026.
CLAS’ core distribution income3 was mainly impacted by transitional factors, including
timing differences in acquisitions and divestments, the near-term impact of asset
enhancement initiatives (AEIs) undertaken to enhance the quality and long-term resilience
of the portfolio, foreign exchange impact and one-off tax adjustments. Core distribution
income for 1H 2026 included a distribution top-up to mitigate the closures of The Cavendish London and Madison Hamburg 4 On a same-store basis 5, operating
performance remained resilient, with revenue per available unit (REVPAU) increasing 1% YoY, despite macroeconomic uncertainties.
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