Shares & Derivatives
CapitaLand Ascott Trust’s 2H FY23 Result Review
By REIT-TIREMENT  •  February 11, 2024
Basic Profile & Key Statistics Key Indicators Performance Highlight Revenue and gross profit improved YoY mainly due to higher revenue from existing properties and contributions from new properties. Distribution and DPS improved YoY mainly due to a higher amount of realized exchange gain. Without this one-off gain for both periods, the DPS is the same YoY. Revenue per Available Unit The RevPAU in 4Q has reached 103% of pre-COVID level. Acquisition The acquisition of 3 properties in London, Dublin and Jakarta was completed in Nov 2023, while the acquisition of rental housing in Japan was completed in Jan 2024. Divestment The divestment of 4 properties in France was completed in Sep 2023. The divestment of 3 properties in Japan is targeted to be completed by 1Q 2024. As for the divestment of 2 properties in Australia, 1 was completed on 31 Jan while another is targeted to be completed in 3Q 2024. On 2 Feb, CLAS...
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I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...

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