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CapitaLand Investment Pay on Performance created new article
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Singapore | 2.7K Followers
2 years ago

CapitaLand Ascott Trust’s gross profit up 80% in 2H 2022, boosted by 81% growth in REVPAU to pre-pandemic levels and quality acquisitions | #real Estate #results #fy 2022 #listed Funds #lodging

CapitaLand Ascott Trust’s gross profit up 80% in 2H 2022, boosted by 81% growth in REVPAU to pre-pandemic levels and quality acquisitions

CapitaLand Ascott Trust’s gross profit up 80% in 2H 2022, boosted by 81% growth in REVPAU to pre-pandemic levels and quality acquisitions

• Distribution per Stapled Security (DPS) rose to 5.67 cents on stronger operating performance in FY 2022; excluding one-off items, DPS increased 106% year-on-year
• Achieved gross fair valuation gain of S$200 million with better operating performance and outlook for properties
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