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 Changi Business Park and International Business Park
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.
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