CapitaLand Ascendas REIT Units
A17U: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| m | LOCK|Vc | LOCK|@cz#V%w |
CapitaLand Ascendas REIT: Strong Rental Reversion Cushions Occupancy Softness
CapitaLand Ascendas REIT recorded healthy rental reversion of 10.6% across its portfolio in its first-quarter update. This helped offset a slight decline in portfolio occupancy, which fell 0.4 percentage points quarter on quarter to 90.5% at the end of March.
