$CapLand Ascott T(HMN.SG)
CapitaLand Ascott Trust (CLAS) 1H 2026: Stable Payout, But Watch Underlying Growth
CLAS has just delivered mixed yet resilient results:
✅ Headline DPS held steady at 2.53 cents, distributable income rose 11% to S$107.1M
✅ Strong balance sheet: gearing 37.7%, average debt cost 2.8%, 77% of borrowings fixed
⚠️ Key point to note: Core DPS fell 10% to 2.16 cents and revenue dropped 7% — hit by asset sales and renovation disruptions.
Looking ahead: CLAS is actively recycling its portfolio — buying rental housing in Japan and planning to sell The Robertson House here. These moves should support quality and future income.
👉 Want the full picture? Check the infographic above for a clear breakdown of its numbers, risks, and what to watch in the coming year.
